1 in 25 New Yorkers are millionaires....

[9erempiree]

Guess where I live?

No surprise with the top 3.

EDIT: Here's the link

http://www.spearswms.com/news/reveal...1#.U9Wcp8awjx7

1. Monaco (29.21%)

2. Zurich (27.34%)

3. Geneva (17.92%)

4. New York (4.63%)

5. Frankfurt (3.88%)

6. London (3.39%)

7. Oslo (2.90%)

8. Singapore (2.80%)

9. Amsterdam (2.63%)

10. Florence (2.59%)

11. Hong Kong (2.58%)

12. Rome (2.54%)

13. Dublin (2.40%)

14. Doha (2.31%)

15. Toronto (2.29%)

16. Venice (2.25%)

17. Brussels (2.11%)

18. Houston (2.09%)

19. San Francisco (2.07%)

20. Paris (2.04%)

P.S. Jeff, you need to upgrade this place and give us that soccer forum.

[russwest0]

yeah and like 1 in 5 are homeless lol

america fukking rules

[Beatlezz]

Guess where I live?

No surprise with the top 3.



P.S. Jeff, you need to upgrade this place and give us that soccer forum.

Why don't you donate some of that money so that Jeff could afford to upgrade our ghetto e-home?

[russwest0]

Why don't you donate some of that money so that Jeff could afford to upgrade our ghetto e-home?

don't worry, I'll take care of this.

[9erempiree]

Why don't you donate some of that money so that Jeff could afford to upgrade our ghetto e-home?

I offered to donate some money if he gave us a soccer forum. PM'd him but no response.

Anyways, Jeff is the rich one since he lives in NY.

[russwest0]

the problem was handled

[Godzuki]

most of it is probably based on their property value. i mean long time residents probably have had their property values sky rocket from the 80's....

most people who own a house are at least 1/4 millionaires

its a bit misleading since its liquid value. not like they got tons of money to blow or earning that type of money i'd think.

[9erempiree]

WealthInsight defines 'millionaires' as individuals with net assets of US$1 million or more, excluding their primary residences.

From the article.

[Godzuki]

From the article.

damn thats surprising then

[Overdrive]

Didn't you live in California? And what does it matter if you live in a place where 4% are millionaires if you're not?

[Beatlezz]

I offered to donate some money if he gave us a soccer forum. PM'd him but no response.

Anyways, Jeff is the rich one since he lives in NY.

the problem was handled

I would donate too if I had some extra coins to spare, but since I don't, here lemme just click this EXTRA condom ad real quick. Hope that helps Jeff!

[Beatlezz]

..not a condom ad, it's a chewing gum.

http://www.extragum.com/

[9erempiree]

damn thats surprising then

Surprised me too but they are right because if I own a million dollar home, it is not mine to liquidate because there is a loan.

It is the best way to judge wealth. Cash. Assets can be deceiving when determining wealth. I can be considered a wealthy man because I own 3 cars but we all know that is not the case or someone can be considered wealthy due to inheritance and we all know that is not the case either unless they are inheriting cash-money.

[nathanjizzle]

being a millionaire isnt a big deal. if you graduated from a 4 year college, you would have accumulated a networth of a million dollars in 15 years after graduation. thats around 37 years old which is the average age of a person. being coined a "millionaire" because you have saved up a networth gives the wrong impression. that term is really reserved for business owners and investors because it holds more weight.

[rufuspaul]

It is the best way to judge wealth. Cash.

You'd be hard pressed to find many millionaires that have loads of cash just sitting around not working for them. They became millionaires in the first place by investing and accumulating assets.