Last week, Time.com published a fantastic article called “5 Things You Didn’t Know About America’s Millionaires.” In this post, I’ve added my two cents and made the “things” even easier to digest with pictures.
Next in line:
Connecticut, Hawaii, New Jersey. All with 7.4%.
In 2014, the number of millionaires in the U.S. topped 10 million for the first time. That number has stayed above 10 million ever since.
Of millionaires in the $1 – $5 million range, an average of 44% of their wealth is in equities. However, I question how many of them hold value in stocks that represent the companies they’ve built. Interesting.
Among millionaires above the $5 million mark, nearly half spend more than $10,000 annually on travel.
76% of America’s millionaires are married (maybe to each other?).