1 in every 10 Americans is a millionaire
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Poast new message in this thread
Date: December 12th, 2025 10:45 AM
Author: .,.,...,.,.;,.,,,:,.,.,::,....,:,..;,..,
https://x.com/unusual_whales/status/1999463495696605441?s=46
(http://www.autoadmit.com/thread.php?thread_id=5809457&forum_id=2.#49504149) |
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Date: December 12th, 2025 10:57 AM Author: Fucking Fuckface
I thought so too, but this is what AI said:
Approximately 9% of American households have a net worth of $1 million or more when excluding home equity. This figure is based on data from sources like the Federal Reserve's Survey of Consumer Finances and wealth reports from UBS and Credit Suisse, which define such "investable assets" as including financial holdings (e.g., stocks, bonds, retirement accounts, and cash) minus debts, but not primary residence equity.
For context:
There are about 131 million households in the US (per US Census Bureau estimates as of 2023).
This equates to roughly 11.8 million millionaire households excluding home equity.
By comparison, when including home equity, the percentage rises to about 18% (around 23.6 million households).
(http://www.autoadmit.com/thread.php?thread_id=5809457&forum_id=2.#49504173) |
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