America lost 2.5 million millionaires in 2008
By Ben Rooney, CNNMoney.com staff writer
The financial crisis has weighed heavily on American households, and millionaires are no exception, according to a report released Wednesday.
The number of American households with a net worth of $1 million or more, excluding the value of their primary residence, fell 27% to 6.7 million in 2008 from an all-time high of 9.2 million the year before, according to a report from market research firm Spectrem Group.
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The financial crisis has weighed heavily on American households, and millionaires are no exception, according to a report released Wednesday.
The number of American households with a net worth of $1 million or more, excluding the value of their primary residence, fell 27% to 6.7 million in 2008 from an all-time high of 9.2 million the year before, according to a report from market research firm Spectrem Group.
For full article, click here
Labels: 2008, american, crisis, financial, millionaire
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