millionaires

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 "two-year window."

Given that you stand a 1-in-175,711,536 chance of winning the Mega Millions lottery, you might try becoming a millionaire with a more practical strategy. Your odds aren't so bad as it is. One-in-106 Americans is a millionaire, according to a recent article in Investopedia. And 31% of the world's...

Wealthy investors now have more confidence in the economy than they've had in nearly three years, according to Chicago consulting firm Spectrem, which manages the Spectrem Millionaire Investor Confidence Index.

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...

For most taxpayers, 2008 wasn't a year to remember. As a whole, incomes and profits tumbled while foreclosures and job losses soared. We saw the anecdotal evidence in the headlines and photos splashed across the media. (Meanwhile, unscrupulous Wall Street types took greed and avarice to a whole new...

Global wealth made a remarkable comeback in 2009, but you might be surprised by the countries that have the largest percentage of millionaire households.

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.

WalletPop's Lan Nguyen chats with Mitch Free, founder and CEO of MFG.com, a global online marketplace for manufacturing. A college dropout, Free started his career as a machinist. That background helped fuel his idea to create a Web-based market for manufacturing in 1999. He shares his story and...

The Onion, a leading satire website, has been one of the funniest websites in the world for a long time, but every once in awhile, there's a bit of serious financial wisdom in its content. In the video below, a "Ford vice president" Daniel Grossman announces Ford's "new vision for the future of...

Merrill Lynch reports that the number of millionaires plunged by 15% in 2008. The value of millionaire's assets fell by 20% in 2008, following a 9.4% increase in 2007.Bloomberg reports that "The number of people in the ultra-high net worth category, those with more than $30 million to invest, not...