Millionaire Trivia
A few fun facts about millionaires.
ALL GREAT FORTUNES START IN SOMEONE"S IMAGINATION
Every 60 seconds, someone in the world becomes a millionaire. Some of these millionaires took 60 years to accumulate that much wealth. Others took less than a year. Some did it in less than 90 days.In the whole world of money there are only four major ways of becoming a millionaire (aside from inheritance) FAST. No matter what your background is, these areas can be mastered:
- Investment Mountain:
accumulating and trading shares of stock/options - Real Estate Mountain:
owning, renting and selling real estate properties - Business Mountain:
marketing products, services or ideas. - Internet Mountain:
expanding possibilities!
Do you fit in any one of these categories OR... when will you join the ranks?
Millionaire
Source: Wikipedia encyclopediaA millionaire is an individual who resides in a household whose net worth or wealth exceeds one million units of any currency. It can also be a person who owns 1 million units of currency in one bank account or savings account.
A multimillionaire has a net worth of more than two million units of currency and a hectomillionaire has a net worth of more than 100 million units of currency, but the technically incorrect centimillionaire (net worth of 10 thousand units, strictly speaking) is more often used to mean the same thing.
While statistics regarding financial assets and net worth are presented by household, the term is also often used to describe only the individual who has amassed the assets as millionaire.
That is, even though the term statistically refers only to households, common usage is often in reference only to an individual.
Depending on the currency, a certain level of prestige is associated with being a millionaire, which makes that amount of wealth a goal for many.
World Wealth
Worlds WealthySource: Time magazine, 05 July 2007
Nine and a half million people worldwide were millionaires in 2006, an 8.3% increase over 2005, according to the annual World Wealth Report, put out by Merrill Lynch and consulting firm Capgemini.
PHILANTHROPYThe world's millionaires gave less than 1% of their net worth to charity, though the net amount of money --and time--donated has increased. For the rich:
- Assets are up 11.4%
- Total worth $37.2 trillion
- Charitable giving $258 billion
Singapore, India and Indonesia had the highest growth in the population of millionaires. Russia, the U.A.E. and South Korea also saw increases.
- Singapore 21.2%
- India 20.5%
- Indonesia 16.0%>
Latin America has the highest level of the superrich (at least $30 million), when defined as a percentage of the total number of rich individuals living in a region
- Latin America 2.4%
- Africa 2.0%
- North America 1.2%
The world's rich dedicated about 1.8% of their net worth last year to "investments of passion," spending the most on collectibles like yachts and private planes
- Luxury collectibles 26%
- Art 20%
- Jewelry 18%
America's Richest, The Forbes 400
Teen Internet Moguls, Web-savvy kids are turning their fun and games into million-dollar businesses.
Some of the Rich and Powerful in Entertainment & Sports
Young Millionaires, 2006
Television for the affluent, Plum TV
Richest People you've never heard of.
Some 600,000 new millionaires in 2004
Camp teaches Newly Rich to Manage Wealth
The Rich are Duller
Lifestyles of the Recently Rich and Famous
How to Marry a Billionaire
Budding Millionaire's? The Next Disruptors
Teen Internet Moguls, Web-savvy kids are turning their fun and games into million-dollar businesses.
Some of the Rich and Powerful in Entertainment & Sports
Young Millionaires, 2006
Television for the affluent, Plum TV
Richest People you've never heard of.
Some 600,000 new millionaires in 2004
Camp teaches Newly Rich to Manage Wealth
The Rich are Duller
Lifestyles of the Recently Rich and Famous
How to Marry a Billionaire
Budding Millionaire's? The Next Disruptors
<>Architectural Digest is the definitive design magazine, providing a vision that stretches readers' imaginations and sets new benchmarks for the life they wish to live, whether just starting out or at the peak of achievement. Click on image.
Millionaire Magazine. Click on Image
<>Of course, there are always those who STRIKE IT RICH overnight... the easy way by playing the Lotto. If you feel that today is your lucky day.. www.newluckylotto.com let's you play major games worldwide online.