The World Boasts 8.7 Million Millionaires Now!
Apparently it’s becoming easier and easier to become a millionaire, at least according to some statistics (why am I not a millionaire yet then?) Well, apparently statistics don’t lie, because new data came out on the latest number of millionaires worldwide, and it’s something like 8.7 million!
This is not actually ALL THAT surprising when you consider the only prerequisite to being a millionaire is to actually have acquired one million dollars to your name. Some people, who are lucky enough, may have this at retirement (I know, the majority of the world’s population will not even come near a million for retirement and will all be working well after retirement, or living off of measly social security!).
It is guestimated that all millionaire’s wealth accounts for about a whopping $33.3 trillion, which is more than twice the amount of American economic output, a study by Merrill Lynch and consultancy Capgemini found.
The middle east area has seen a huge boom in millionaires, and this is most likely because of a positive economic outlook and surging stocks coming out of the middle east.
