There was a record 9.63 million households in the U.S. with a net worth of $1 million or more last year, according to new market research.
The number of millionaire households surged 58 percent from a dip in 2008, when there were 6.7 million households worth $1 million or more (not including primary residences). In 2007, there were 9.2 million households worth that amount, reports market research firm Spectrem Group
At the wealthiest levels, there were 132,000 households with a net worth of $25 million or more, up from 125,000 in 2007, before the recession.
The number of affluent households worth between $100,000 and $1 million was also up in 2013 from a year earlier. There were 28.97 million households in that category last year, a jump of 500,000 from 2012.
- The Inside Story of Princeton's Cinderella Run at March Madness
- The Case for Betting on Succession's Tom Wambsgans
- For Both Donald Trump and Alvin Bragg, the Central Park Jogger Case Was a Turning Point
- If Donald Trump Is Indicted, Here's What Would Happen Next in the Process
- Alison Roman Won't Sugarcoat It
- Why Not All Observant Muslims Fast During Ramadan
- It's Time to Say a Loving Goodbye to John Wick
- Who Should Be on the 2023 TIME100? Vote Now
- Column: Ozempic Exposed the Cracks in the Body Positivity Movement
