http://www.census.gov/Press-Release/www/2003/cb03-153.htmlhttp://money.cnn.com/2004/06/15/pf/millionaires/index.htmKerry was speaking about people that made over 200,000 ayear.
This is how many MILLionaires Bushco has made!!!!
Just think of all the wealthy people inbetween!
YEP! The money there.
Return of the millionaires
Report says number of new millionaires jumped 14% in 2003 as the U.S. emerged from recession.
June 15, 2004: 2:20 PM EDT
NEW YORK (CNN/Money) - They're back!
The number of millionaires in the United States surged 14 percent in 2003, to 2.3 million, according to the World-Wide Wealth of High Net Worth Individuals survey released Tuesday by Merrill Lynch and Capgemini.
"High net worth individuals benefited from a strong stock market rally and solid, global economic growth," said James Gorman, president of Merrill Lynch's Global Private Client group. "They were able to capitalize on these trends despite a great deal of geopolitical uncertainty."
In 2002, when the S&P 500 stock index dropped 22 percent, the number of high net worth individuals (defined as those with $1 million or more in investment capital excluding home equity) fell 100,000. The S&P rallied 28.7 percent in 2003.
Worldwide, a half a million individuals joined the millionaire's club, which topped 7.7 million. Their overall wealth topped $28.8 trillion, a jump of 7.7 percent over the year before.
The United States produced the most new millionaires but Hong Kong, at 30 percent, and India, at 22 percent showed the largest percentage gains. China, with a 12 percent jump in millionaires, was right behind the United States.
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