The wealthiest households, those with more than $25 million in assets, added 16,000 to their ranks for a total of 172,000, an increase of 10 percent, Spectrem said.
“The combination of record financial market performance and accelerating economic growth in 2017 have continued to increase the population of affluent Americans,” George H. Walper Jr., president of Spectrem Group, said in a statement. “It is particularly notable that the number of $25 million-plus households has grown by more than 10 percent in one year. There are now 55,000 more $25 million-plus households in 2017 than there were just five years earlier.”
Link to Orignal Article: https://www.fa-mag.com/news/americans--assets-are-growing-37882.html