8.6 million millionaires

Economy in crisis mints 200,000 new millionaires

That’s right, in 2011 – a challenging year for the economy worldwide – 200,000 American households entered the privileged club of the millionaires. Their assets and investments, excluding the primary residence, was between 1 and 5 million. The total membership count of this club is 8,600,000 – still a bit less than the peak in 2007, but much more than the previous few years. Mind boggling numbers!

These facts were just released by the 2012 Affluent Market Insights report published by Millionaire Corner. It proves the notion that one can make money in any market condition if he or she is doing the right thing. The bulk of these wealthy individuals are managers (17%), however, you will be surprise to learn that following behind are those, who call themselves educators.

Here you have it – a full 12% of all millionaires in the US have made it by teaching in classrooms. Knowledge is money (if you know how to sell it).

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