this post was submitted on 02 Aug 2024
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Late Stage Capitalism
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I doubt it's acurate. I find it hard to believe only 1% of the rest of the population are millionaires.
Yeah, or maybe just old, currency devaluated, isn't now just having your own house is like half to entire step to being a millionaire?
That could be a big factor.
Statista suggests 22.7million people, or 9% are millionaires: https://www.statista.com/topics/3467/millionaires-in-the-united-states/#topicOverview
I wonder how this accounts for family wealth, as well.