Millionaires in 1900, Billionaires Today and Trillionaires in the Future
by Brian Wang from NextBigFuture.com on (#72QHA)
Millionaires have become far more common over time, driven by global economic growth, inflation, and wealth creation. In the early 20th century, being a millionaire was extremely rare. Historical Number of Millionaires There were estimated to be only about 20 millionaires in 1840 in the USA and around 4,000-5,000 by 1900. Globally, the figure was ...