Tuesday, April 04, 2006

ABC News: L.A. County Home to Most Millionaires

ABC News: L.A. County Home to Most Millionaires: "pril 3, 2006 — The United States booms when it comes to creating millionaires.

The nation counted 8.9 million millionaire households in 2005 — that's more American millionaires than ever before, according to British market researcher TNS Financial Services. It was the third consecutive year the number of U.S. millionaire households rose, and the total number of millionaires has jumped 62 percent since 2002. The study defined a millionaire as anyone who has a net worth of $1 million or more, excluding a primary residence."

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