Millionaires

Watch: A Publisher's Clearing House Winner Thinks About the Future

For a Louisiana couple, a Feb. 28 visit from the Publishers Clearing House van carried with it an instant transformation from penny pinchers to millionaires. In an exclusive interview with DailyFinance, Elise Gutierrez laid out some of her savings plans for the future.

Pop Quiz: Is America Still the Land of Economic Opportunity?

"Moving on up" is a fundamental part of America's identity, but the path from rags to riches is getting harder to navigate. To gauge the state of American promise, we dug into the numbers: Take our quiz to find out if American hope lives up to American hype.

Surprising Job That Gets Many Americans Into the Millionaire Club

So you want to be a millionaire and you're wondering what it takes? Finding the right career is a good place to start -- think doctor, manager or business owner. But people in at least one field hold a greater chance of living in a millionaire household than you'd ever guess.

Even With Buffett Tax, Middle Class May Still Get Hit

Warren Buffett's tax proposal would take a bite out of America's wealthiest families: Those who make $1 million or more would pay a total of 30%, while those who make more than $10 million would pay 35%. But even if his plan passes, experts say balanced budgets will still require sacrifices across the board.

Tax the Rich? 80% of Young Voters Say 'Yes'

Younger voters are weighing in extremely positively on President Obama's proposal to tax millionaires another $1.5 trillion over the next 10 years. According to a new survey, 80% of Americans under the age of 30 strongly support the move, while less than 9% oppose it.

Big U.S. Cities Added 7.3% More Millionaires in 2010

The ranks of those who can call themselves rich city slickers have grown a bit thicker. Reflecting the global surge of millionaires, the United States' 10 wealthiest urban areas produced 7.3% more high net worth individuals in 2010, Capgemini announced Tuesday in its U.S. Metro Wealth Index.

World's Millionaires Increased By 8.3% in 2010

Millionaires are back. The number of individuals worldwide with $1 million or more in assets aside from their residence grew by 8.3% to 10.9 million in 2010, topping pre-crisis 2007 levels, according to the World Wealth Report released Wednesday.

The U.S. Is Still Tops for Millionaires

When it comes to its population of millionaires, the U.S. still leads the world, but other countries have gained recently, The Boston Consulting Group reports. In particular, the report found a stagnation of wealth growth in developed nations, but rapid wealth growth in the developing world.

Where U.S. Millionaires Will Live in 2020

Prepare yourself for the decade of the multiplying millionaires: By the end of 2020, the number of affluent households that will cross the line into seven-figure status is expected to virtually double the ranks of U.S. millionaires. So where will all that money be going?

This Gift-Tax Change Is a Huge Gift -- If You're Wealthy Enough

A temporary change in the tax code is creating a sweet opportunity. Through 2012, the amount you can give in tax-free gifts jumps from $1 million to $5 million. In this video, Kevin Sanderford, principal of Colorado West Investments, explains how you can take advantage of this "huge opportunity."

Millionaire Confidence Index Drops on Politics, Unemployment

The Spectrem Millionaire Investor Confidence Index dropped to its lowest in over a year on concerns about politics and unemployment. The index, which is run by consulting firm Spectrem Group, dropped 11 points in August to -18, the lowest since June 2009, Reuters reported. That puts the index into bearish territory after 12 months in neutral.

The Top 10 Countries for Millionaires

Global wealth made a remarkable comeback in 2009, but you might be surprised by the countries that showed the biggest increase in the percentage of millionaire households. Hint: The U.S. made the list, but it's not even in the top five. Another eye-opening point: Millionaires hold 38% of the world's total wealth.

Why Singapore Is a Millionaire Magnet

Singapore has the greatest proportion of millionaire households in the world, but why? Credit a better quality of life, a growing economy, family friendly businesses and so much more.