Rich Get Poorer - Number of American Millionaires Drops
Millionaire Households in U.S. Decreases by 129,000 in 2011
North American Private Wealth Down $38 trillion
In 2011 there were 129,000 fewer millionaire households in the U.S., the direct result of a decrease of $38 trillion in private wealth in North America.
12.6 Million Millionaire Households Worldwide
The highest density of millionaire households in 2011 was in Singapore, with 17 in every 100 households having a private wealth of $1 million or higher.
Sources: Time, Boston Consulting Group, CNNMoney