Thursday, March 14, 2013

US (and Booming Market) Adds 300,000 New Millionaires

The rising stock market has pushed America's millionaire population close to its all-time highs before the recession, the WSJ reports.

According to data from Spectrem Group, the Chicago-based wealth research firm, there are now 8.99 million U.S. households whose net worth totals $1 million or more (not including primary residence). That's up from 8.6 million in 2011 and just short of the all-time record set in 2006, when the United States had 9.2 million millionaire households….

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