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-   -   How many millionaires in the world? (https://gfy.com/showthread.php?t=808543)

kowalsky 02-18-2008 12:04 PM

How many millionaires in the world?
 
Stupid question, I donīt 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 canīt hold that number on any fact.

ADL Colin 02-18-2008 12:05 PM

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 02-18-2008 12:06 PM

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

haxsyn 02-18-2008 12:08 PM

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 02-18-2008 12:09 PM

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 02-18-2008 12:13 PM

Ahh... Colin beat me to it. :)

That's what I get for multitasking. lol

kowalsky 02-18-2008 12:19 PM

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 02-18-2008 12:22 PM

count me in

ProjectNaked 02-18-2008 12:28 PM

it's all about the BILLIONS now :thumbsup

Rochard 02-18-2008 01:31 PM

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

DaddyHalbucks 02-18-2008 01:34 PM

There are millions of millionaires.

warlock5 02-18-2008 02:18 PM

Quote:

Originally Posted by Rochard (Post 13799121)
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 02-18-2008 02:36 PM

Quote:

Originally Posted by warlock5 (Post 13799273)
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 :winkwink:.

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 02-18-2008 02:41 PM

Quote:

Originally Posted by kowalsky (Post 13798765)
Stupid question, I donīt 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 canīt 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 02-18-2008 02:44 PM

Quote:

Originally Posted by theking (Post 13799366)
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 02-18-2008 02:50 PM

Quote:

Originally Posted by ADL Colin (Post 13799379)
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 02-18-2008 03:00 PM

Quote:

Originally Posted by theking (Post 13799366)
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

:winkwink:

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 02-18-2008 03:01 PM

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

Damian_Maxcash 02-18-2008 03:09 PM

Quote:

Originally Posted by D (Post 13799440)
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

:winkwink:

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 02-18-2008 03:24 PM

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

sniperwolf 02-18-2008 03:26 PM

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

Vick! 02-18-2008 03:38 PM

Millionaire in what currency?

sniperwolf 02-18-2008 03:38 PM

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

JFK 02-18-2008 03:52 PM

Quote:

Originally Posted by ADL Colin (Post 13799379)
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:2 cents:

DatingGold 02-18-2008 03:58 PM

there must be alot if them

SomeCreep 02-18-2008 03:59 PM

Quote:

Originally Posted by kowalsky (Post 13798765)
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 02-18-2008 04:02 PM

Quote:

Originally Posted by AtlanticBucks (Post 13798834)
count me in

I want to ride the wave too

Jon Clark - BANNED FOR LIFE 02-18-2008 04:29 PM

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

JFK 02-18-2008 05:02 PM

Quote:

Originally Posted by Jon Clark (Post 13799782)
Not as many as there is here on gfy.... ;)

here, they are a dime a dozen:pimp

xmas13 02-18-2008 05:07 PM

U starting a wealth management firm?

todhunter 02-18-2008 05:14 PM

How many millionaires are there?

One fewer than I would like.

--t

VeriSexy 02-18-2008 10:06 PM

Quote:

Originally Posted by ProjectNaked (Post 13798863)
it's all about the BILLIONS now :thumbsup

Now then you can list them ;)

slavdogg 02-18-2008 11:28 PM

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

i know there is around 600 billions in the world.

moeloubani 02-18-2008 11:40 PM

Quote:

Originally Posted by slavdogg (Post 13801139)
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 02-19-2008 12:01 AM

a whole bunch

Dave PSC 02-19-2008 12:01 AM

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

slavdogg 02-19-2008 12:05 AM

Quote:

Originally Posted by moeloubani (Post 13801165)
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 02-19-2008 12:08 AM

Quote:

Originally Posted by sniperwolf (Post 13799545)
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 02-19-2008 12:17 AM

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


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