Category Archives: Wealth Distribution

The world got 5.2 million more millionaires last year, but many are getting pinched in 2022

By Sam Becker September 23, 2022   Two-and-a-half million people in the United States became millionaires last year, but thanks to rising prices, that may not mean as much as it used to.       Worldwide, 5.2 million people became millionaires in 2021, according to the Global Wealth Report 2022, an annual release published … Continue reading The world got 5.2 million more millionaires last year, but many are getting pinched in 2022

Are you wealthy? Here’s how much money Americans say they need to live comfortably

By Sam Becker   May 18, 2022 The pandemic was a catalyst for all types of change, and that includes how comfortable many Americans are with their nest eggs. Americans say they need an average net worth of $774,000 to be “financially comfortable,” and an average net worth of $2.2 million to be “wealthy,” according … Continue reading Are you wealthy? Here’s how much money Americans say they need to live comfortably