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Thursday, May 5, 2011

9% of Americans Are Millionaires in 2011



Chart of the Day: 9% of Americans Are Millionaires in 2011
By Daniel Indiviglio
May 5 2011


How many millionaires do you know? The answer to this probably depends on your occupation, location, and whether or not you have your own reality show. But as explained in an earlier post, there are quite a few millionaires in the U.S. -- there will be 10.5 million in 2011 according to the Deloitte Center for Financial Services. That might not sound like too many, but this number is expressed in households, not individuals. And there are only about 118 million households in the U.S. So really, a fairly large -- if not surprisingly large -- portion of U.S. households belong to the millionaire club.

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