Number of U.S. millionaires up 30% in 2009

Posted March 10, 2010 at 8:15 a.m.

cbb-a-million-dollar-bills.jpg(Seokyong Lee/Bloomberg News)

By Gail MarksJarvis | Although
about 30 percent of households are dealing with job losses or
underemployment, the number of millionaires in the U.S. is up 16
percent over 2008, according to a national survey by Chicago-based
Spectrem Group.

Clearly the 69 percent rally in the stock
market, which began on March 9, 2009, has restored riches to those
reeling in 2008. Households with net worth of $1 million or more — not
including their primary home — grew by 7.8 million in 2009, said
Spectrem.

Get the full story: MarksJarvis on Money

 

4 comments:

  1. PinkosSuck March 10, 2010 at 8:39 a.m.

    And I’m just waiting for Obama and his socialist minions to turn this into bad thing. Keep the people down and beholden to big government – good at election time! Time to take off the rose colored glasses people – it’s good to be successful and not reliant on welfare!

  2. Willie Wilmette March 10, 2010 at 11:32 a.m.

    Title “Number of U.S. millionaires up 30%” should be 16%.
    Soon even the poorest may become millionaires, if we get enough inflation.

  3. leonard hamilton March 10, 2010 at 11:37 a.m.

    More idiotic statements. Just means that more people are not paying any taxes on income earned. No one wants taxes increased but pay something or donate money. One or the other.

  4. Owner March 10, 2010 at 12:39 pm

    Pinko. get a clue.s the Rebublicans getting richer
    Also why dont everyone try to go out and get rich them selves? Stop standing on hte sidelines. Work for yourself.
    http://www.usveteranenergy.com
    I have the tools to make milionaires!
    Im on my way!