Growth of the ultra-wealthy
That growth spans all the high-net-worth categories. In 2013, for example, the number of billionaires in the U.S. rose to 443 from 334 in 2008, according to WealthInsight. The multimillionaire category (people with over $30 million in net assets, excluding principal residence) is up too — to 44,934 individuals from 30,807 in 2008, the researcher said.
For the $25 million and up category (excluding residence), Spectrem Group found there were 132,000 individuals in 2013 -- up from 84,000 in 2008. For the $5 million and up category, the 2013 numbers hit a record high of 1.24 million, up from only 840,000 in 2008, Spectrem said.
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