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Subject:
Wealth Distribution in the US
Category: Business and Money > Economics Asked by: drew1976-ga List Price: $5.00 |
Posted:
06 Nov 2002 07:47 PST
Expires: 06 Dec 2002 07:47 PST Question ID: 100340 |
How many people in the united states fall in to the following categories: Billionire 500 millionaire 100 millionaire 10 millionaire 5 millionaire? Please include source. Thank you. |
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There is no answer at this time. |
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Subject:
Re: Wealth Distribution in the US
From: neilzero-ga on 06 Nov 2002 18:16 PST |
The recent stock market decline has likely moved a few of these to the next lower category. Real estate has done well so a few have moved up recently. Most don't blab about their asset details but may exaggerate, so only rough approximations are possible. Items of art have a wide separation between want to buy and want to sell, so a fair value is difficult. Many of these people are rich internationalists so the status of American must be debatable in at least a few cases. Sorry I don't know where to look for even some wild guesses. Neil |
Subject:
Re: Wealth Distribution in the US
From: gitana-ga on 06 Nov 2002 19:06 PST |
Hello, According to Forbes Magazine's 2002 list of wealthiest people, there are 243 American billionaires. http://www.forbes.com/2002/09/13/rich400land.html The Merryl Lynch, that published the 2002 "World Wealth Report" states that there are 2,100,000 people in the U.S. with a net worth of a million dollars or more. http://www.ml.com/about/press_release/06172002-1_us_grew_pr.htm I looked at the IRS and Census bureau statistical sites but could not find any breakdown as you requested. Hope this helps a little at least. gitana |
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