How many millionaires in the world?

[kowalsky]

Stupid question, I don´t know if there is an answer, but suddently I needed to know how many millionaires there are in the world now.

Any idea?

Could you try to guess?

I would say 100 millon of millionaires, but I can´t hold that number on any fact.

[ADL Colin]

2 years ago ...

Number of Millionaires in the World Swells to 8.7 Million

By Jim Krane; 6/20/2006 - Canadian Press

DUBAI, United Arab Emirates (AP) - The increasing ease of becoming a millionaire became clear Tuesday, with the announcement that the ranks of the world's millionaires had risen to 8.7 million last year.

[ADL Colin]

And that looks like US dollars so the number goes up daily ;-)

[haxsyn]

Check what wiki has to say about this topic. I can't post links yet, but go to wikipedia and look up "millionaire" - you'll get some interesting info.

[D]

According to the Capgemini 2006 World Wealth report, there were 8.7 million millionaires (those whose assets met or exceeded US$1,000,000) in 2006.

[D]

Ahh... Colin beat me to it.

That's what I get for multitasking. lol

[kowalsky]

ouh, my number was too much...

I thought about China and India, I supposted that those countries are producing... ...maybe 300.000 new millonaries a year? Is too much that number?

And it´s true, with the dollar going down and the euro going up, it must be a lot of new millonaries in Europe..

[AtlanticBucks]

count me in

[ProjectNaked]

it's all about the BILLIONS now

[Rochard]

I think millionaire used to be a huge thing.... It's not any more.

[DaddyHalbucks]

There are millions of millionaires.

[warlock5]

Originally Posted by Rochard

I think millionaire used to be a huge thing.... It's not any more.

Millionaire is what you have to be if you want to retire and not worry about the money running out (and you'll live a modest middle class lifestyle at best.)

[needlive]

Originally Posted by warlock5

Millionaire is what you have to be if you want to retire and not worry about the money running out (and you'll live a modest middle class lifestyle at best.)

I think that modest middle class lifestyle is not that bad .

Knowing that you can retire without having financial problems just provides a safe working environment for you until. A really nice thing that many people do not appreciate enough.

[theking]

Originally Posted by kowalsky

Stupid question, I don´t know if there is an answer, but suddently I needed to know how many millionaires there are in the world now.

Any idea?

Could you try to guess?

I would say 100 millon of millionaires, but I can´t hold that number on any fact.

Define millionaire. I define millionaire as having a million dollar per year income...not as someone that has a million dollars worth of assets. Many people have a million dollars worth of assets...fewer have annual incomes of a million dollars. Many of my classmates have a million dollars in assets and many of them have several million dollars in assets but none of them have an annual income of a million dollars.

[ADL Colin]

Originally Posted by theking

Define millionaire. I define millionaire as having a million dollar per year income...not as someone that has a million dollars worth of assets. Many people have a million dollars worth of assets...fewer have annual incomes of a million dollars. Many of my classmates have a million dollars in assets and many of them have several million dollars in assets but none of them have an annual income of a million dollars.

Net worth = $1 million. Just like a billionaire has a net worth of $1 billion not an annual income of $1 billion

[theking]

Originally Posted by ADL Colin

Net worth = $1 million. Just like a billionaire has a net worth of $1 billion not an annual income of $1 billion

If net worth is the definition of a millionaire then more than half of the people that I know and more than half of the people I went to school with are millionaires...but they do not think of themselves as such...and I do not think of myself as such. We all live relatively modest lives and me in particular. I am pretty tight with a nickel and roll all of my dividends...do not touch a penny of it.

[D]

Originally Posted by theking

Define millionaire.

mil·lion·aire [mil-yuh-nair]
–noun
1. a person whose wealth amounts to a million or more in some unit of currency, as dollars.
www.dictionary.com



USD is the traditional standard in generation of such statistics, and Capgemini (French IT firm) has been key in generating the World Wealth report for the last several years... I think the next step up is $30mil in assets... it's all about wealth, not income.

Of course, if you use Zimbabwe dollars - anyone with over US$35 in their bank account is a millionaire.

w00t!

[Jimmy Rock]

3............

[Damian_Maxcash]

Originally Posted by D

mil·lion·aire [mil-yuh-nair]
?noun
1. a person whose wealth amounts to a million or more in some unit of currency, as dollars.
www.dictionary.com



USD is the traditional standard in generation of such statistics, and Capgemini (French IT firm) has been key in generating the World Wealth report for the last several years... I think the next step up is $30mil in assets... it's all about wealth, not income.

Of course, if you use Zimbabwe dollars - anyone with over US$35 in their bank account is a millionaire.

w00t!

That was at 10am - I just read an article that says they are selling eggs on the side of the road for 1 Million.....

With house prices in London going up the way they have the last few years I bet the 8.7 mil figure is a LOT higher.

The thought of my mother being a millionaire is almost funny - but she is just about. (US$).

She was lucky with one particular property purchase - but it happens more and more here.

[sniperwolf]

I have no idea... but roughly 1/100 of populations or lesser...

[sniperwolf]

I have no idea... but roughly 1/100 of populations or lesser...

[Vick!]

Millionaire in what currency?

[sniperwolf]

I have no idea... but roughly 1/100 of populations or lesser...

[JFK]

Originally Posted by ADL Colin

Net worth = $1 million. Just like a billionaire has a net worth of $1 billion not an annual income of $1 billion

Thanks Colin, YES, its 1 mill net worth in a major currency CDN ;), what makes you a millionaire, however a mill does'nt go too far these days

[DatingGold]

there must be alot if them

[SomeCreep]

Originally Posted by kowalsky

Stupid question, I don´t know if there is an answer, but suddently I needed to know how many millionaires there are in the world now.

Any idea?

Could you try to guess?

I would say 100 millon of millionaires, but I can´t hold that number on any fact.

probably like 17 millionaires in the whole world. everyone else very poor. Only 2 billionaires.

[Gianna_CECash]

Originally Posted by AtlanticBucks

count me in

I want to ride the wave too

[Jon Clark - BANNED FOR LIFE]

Not as many as there is here on gfy.... ;)

[JFK]

Originally Posted by Jon Clark

Not as many as there is here on gfy.... ;)

here, they are a dime a dozen

[xmas13]

U starting a wealth management firm?

[todhunter]

How many millionaires are there?

One fewer than I would like.

--t

[VeriSexy]

Originally Posted by ProjectNaked

it's all about the BILLIONS now

Now then you can list them ;)

[slavdogg]

i thought there was roughly 6-8 million millionaires in the US alone ?

i know there is around 600 billions in the world.

[moeloubani]

Originally Posted by slavdogg

i thought there was roughly 6-8 million millionaires in the US alone ?

i know there is around 600 billions in the world.

600 billions what lol? there is more money than 600 billion dollars, I assume you mean world population at 6 billion.

[D Ghost]

a whole bunch

[Dave PSC]

The last figure that i read was the there is less than 1 millionare per 1,000 in world population

[slavdogg]

Originally Posted by moeloubani

600 billions what lol? there is more money than 600 billion dollars, I assume you mean world population at 6 billion.

LOL i meant to say just over 600 billionaires in the world

[pornask]

Originally Posted by sniperwolf

I have no idea... but roughly 1/100 of populations or lesser...

Wow, that would mean that one of every 100 people I meet is loaded. That's quite a decent chance of meeting a millionaire.

[Violetta]

wonder how many millionaires gfy holds... not to many I guess