The U.S. far outpaced the rest of the world in minting millionaires last year, adding 600,000 new millionaires and powering record fortunes at the top, according to a new study by Capgemini.
The stock rebound at the end of 2023 combined with trillions of dollars in government spending as well as the AI boom continue to power the U.S. wealth machine.
When it comes to their investments, the wealthy are shifting their money from safe, wealth preservation to more aggressive growth assets, according to the report
The U.S. far outpaced the rest of the world in minting millionaires last year, adding 600,000 new millionaires and powering record fortunes at the top, according to a new study.
America's millionaire population grew 7.3% in 2023 to 7.5 million people, according to a report from Capgemini. Their combined fortunes grew to $26.1 trillion, up 7% from 2022. Capgemini defines millionaires as those with investible assets of $1 million or more not including primary residence, collectibles or consumer durables.
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Inequity is still rising, so
Btw, I used copilot, not sure how to give a link to the browser AI question and answer.....Let me know if its just copy and paste. If you doubt the answer for some reason ask it your self and confirm if you think its not genuine,
Not sure what you're asking after that.....and don't have a link for sincerity