Q:
What Percentage of Americans Are Millionaires?
A:
Quick Answer
Approximately 5 percent of Americans are millionaires, as of 2014, according to The Washington Post. Millionaire status is determined by the value of a person's real estate, businesses and financial assets.
Continue ReadingFull Answer
Approximately 10 million American households have a net worth of $1 million or more, says CNN. High real estate prices and stock prices created approximately 500,000 new American millionaires in 2014, according to CNBC. Americans count for 40 percent of all millionaires worldwide, notes The Washington Post. Other countries with high percentages of millionaires include Japan, France, Germany, the United Kingdom and China. There are approximately 35 million millionaires worldwide.
Learn more about Income TaxRelated Questions
-
Q:
What Percentage of Americans Watch Sports?
A: According to a 2014 poll by TV show "60 Minutes" and Vanity Fair magazine, 90 percent of Americans watch sports. The percentage of people who do not watch ... Full Answer >Filed Under: -
Q:
How Many Millionaires Lived in the United States in 2015?
A: A research report from Boston Consulting Group indicated there were roughly 7 million millionaires in the United States in 2014, reports Fortune. The study... Full Answer >Filed Under: -
Q:
How Can You Find Out When "The Americans" Is Being Shown on TV?
A: To find out when The Americans is being shown on television, check the schedule on FXNow. The site contains a schedule of shows playing on FX, FXX and FXM ... Full Answer >Filed Under: -
Q:
What Percentage Do They Take Out for Taxes?
A: Income tax rates withheld from a paycheck range from 0 to 39.6 percent. The percentage taken out of a paycheck for taxes depends on the person's income, ma... Full Answer >Filed Under:
You May Also Like
-
Q:
Where Can You View the Federal Tax Refund Schedule?
-
Q:
What Were the IRA Income Limits for 2013?
-
Q:
How Do You Avoid Real Estate Capital Gains Tax?
-
Q:
What Information Is Needed to Calculate Income Tax?
-
Q:
Is the TurboTax Fee Tax Deductible?
-
Q:
Where Can You Find 1040 Tax Forms From Previous Years?
