What Is Wealth in America?

Karlgaard, Rich
October 2011
Forbes Asia;Oct2011, Vol. 7 Issue 12, p20
The article defines the meaning of being wealthy and millionaire in the U.S. It is stated having income of 500 million dollars means only halfway to the Forbes 400 rich list. Having 100 million dollars means richest among upper-middle class and hanger-on in the superrich crowd. The list of people having 50 million dollars include the chief technology officers (CFO) of companies in Silicon Valley. Having five million dollars means having a high middle class life good health care.


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