Silver as an investment

Category Archives: Millionaire

For The First Time Ever, The Richest 1% Own More Than Half Of The World’s Wealth, Or $140 Trillion

Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what has become the single biggest reason for the recent "anti-establishment" revulsion: an unprecedented concentration of wealth among a handful of people, as shown in Swiss bank's infamous global wealth pyramid, an arrangement which as observed by the "shocking" political backlash […]

Which Countries Created The Most Millionaires Last Year

Yesterday, in its latest triennial Survey of Consumer Finances, the Fed admitted what had been obvious to everyone else: Fed policies unleashed over the past decade have made the rich richer, even as the American middle class has continued to shrink. Then overnight, Capgemini released its latest World Wealth Report, which found more of the […]

Who’s The Richest Person In Your State?

The United States is known to have many millionaires and billionaires. But, as HowMuch.net details, it turns out that not all states are equal when it comes to the rich and powerful. Where does your state fall? Take a look at the map below to see the richest person in every state. Source: HowMuch.net A […]

Richest Americans Will Control 70% Of Country’s Wealth By 2021, BCG Says

Being rich is great. But being rich in America? That’s even better. With US stock benchmarks trading just below record highs, and Treasury yields not too far from the all-time lows reached last summer, the gulf between the world’s wealthy elite – those 18 million households worldwide with more than $1 million in assets – […]

Visualizing The US Debt Ceiling (In $100 Bills)

The United States owes a lot of money. For now, there is no debt ceiling – it has been suspended – but in 10 days that changes, and who knows what happens then. For some context as to just how much money the US owes – and what the debt ceiling looks like – Demonocracy […]

“A Million Dollars Ain’t Worth What It Used To Be…”

Being a millionaire is overrated, according to Visual Capitalist's Jeff Desjardins. The term itself has quite a few connotations, including many that have been ingrained in us since we were children. Becoming a “millionaire” meant being set for life, and not having to worry about things like personal finances again. After all, millionaires are supposed […]

Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way

Submitted by Michale Snyder via The Economic Collapse blog, Could you survive on just $2.50 a day?  According to Compassion International, approximately half of the population of the entire planet currently lives on $2.50 a day or less.  Meanwhile, those hoarding wealth at the very top of the global pyramid are rapidly becoming a lot […]

Global Wealth Update: 0.7% Of Adults Control $116.6 Trillion In Wealth

Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what is perhaps the biggest reason for the recent “anti-establishment” revulsion: an unprecedented concentration of wealth among a handful of people, as shown in its infamous global wealth pyramid, an arrangement which as observed by the “shocking” political backlash of the […]

How to Marry a Millionaire… And Not Die a Pauper

news.goldseek.com / By Dennis Miller / Tuesday, 3 September 2013 A recent article penned by Jeff Sommer for The New York Times noted that in 1953, when How to Marry a Millionaire – one of Marilyn Monroe’s more endearing comedic performances – debuted, $1 million was worth much more than it is now. It was […]

So You Want To Be A Millionaire? This Is How Long You Have To Wait

zerohedge.com / By Tyler Durden / February 12, 2013, 08:52 The chart below, from the Economist, takes a look at how long it would take an individual from any given country to become a millionaire based on “how much the main breadwinner in an average household makes each year (before tax).” No major surprises here: the fastest spawning […]