Washington : The US added 1.1 million millionaires since President Barack Obama was elected in 2008, a recent survey from British analyst WealthInsight reports.
According to the London-based wealth-analysis group, the figure means the number of millionaires has grown by 28.6 percent.
This is equivalent to over a thousand new millionaires per day during Obama’s first three years.
“It doesn''t really fit the campaign rhetoric that one side is against the rich and the other is for," WealthInsight analyst Christopher Rocks said.
"The total number of millionaires is growing and will continue to grow whether Obama or [Mitt] Romney is elected," Rocks added.
According to the Huffington Post, the group defines millionaires, also referred throughout the report as “high net worth individuals” (HNWIs), as individuals with net assets in excess of one million dollars, excluding primary residences.
Business Insider said that the super rich have been the fastest to recover following the financial services sector.
No comments:
Post a Comment