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More US millionaires


More US millionaires


The number of households in the United States with a net worth of at least one million dollars jumped last year according to calculations based on surveys carried out by industry consulting group Spectrem.

The increase came as US stock markets bounced back from the 2008 meltdown.

Last year there were 16 percent more millionaires households; an estimated total of 7.8 million. That was still way down on the record 9.2 million in 2007.

The numbers of ultra high net worth families – those worth at least five million dollars – also jumped 17 percent last year.

The ranks of the rich were considerably thinned by the recession and dropped 27 percent in 2008.

And it seems wealthy Italians have grown richer during the economic crisis according to a PricewaterhouseCoopers study.

The reason – 85 billion euros returned to Italy from secret accounts in Switzerland and other countries last year when the government granted a generous tax amnesty.

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