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How many millionaires are there in the United States?

millionaires united states
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How many millionaires are there in the United States?

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Frank B

There are 5.2 millionaires in the US (2012) if you define this as $1 million in investable assets.  Amazingly (and somewhat scary) they actually control 39% of the wealth in the United States.

What about the ultra rich, like people with over $100 million dollars in assets.  Interestingly, there are 2700 households in the US with more than $100 million in assets.  

 

Other interesting info:

 

How many millionaires are there in the world?

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There are literally millions of millionaires in the United States. In fact, according to this 2005 article from MarketWatch, 8.9% of Americans are millionaires. That translates to roughly 2.6 million people. Of course, being a millionaire doesn’t necessarily mean you have millions of dollars in cash lying around your mansion and stuffed in the glove box of your Ferrari. To determine someone’s overall wealth, all their holdings are looked at, including investments, cash, furniture, baseball cards, ridiculously expensive automobiles, and real estate. However, a person’s primary residence does not count toward the total. The Affluent Market Research Program conducted a study to determine which counties in the United States host the most millionaires. According to their findings, Los Angeles County tops the list with

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