Good news! Be prosperous and be generous!
"The chief business of the American people is business" Calvin Coolidge!
"The United States created over 1,000 new millionaires every single day in 2024—379,000 people who crossed the seven-figure threshold, accounting for more than half of all new millionaires created globally.
This wealth explosion, driven by the S&P 500’s 25% gain and Nasdaq’s 30% leap, means that now, “everyday millionaires” with $1 million to $5 million in assets collectively control more wealth than all the world’s billionaires combined.
While just 15 centibillionaires control $2.4 trillion in assets, women are positioned to be the biggest winners in the coming “Great Wealth Transfer” of $83 trillion expected to pass between generations over the next 20 years.
America now hosts nearly 40% of the world’s 60 million millionaires, but the tiny countries of Luxembourg and Switzerland still boast the highest concentrations, where more than one in seven adults is a millionaire."
"... The nation outpaced other countries in wealth growth during 2024, with more than 379,000 people becoming U.S. dollar millionaires for the first time, according to UBS' annual Global Wealth Report, which analyzed individual wealth across 56 markets. ..."
No comments:
Post a Comment