United States To Add 5 Million Millionaires By 2017

October 15, 2012 by Susan Gunelius
News and Insights

world time clocks and map

NEWS AND INSIGHTS UPDATE:

The economic decline has been a popular topic in the 2012 U.S. Presidential campaign, but for the five million people in the United States who are expected to become millionaires by 2017, that topic probably isn’t as important.

Robert Frank of CNBC shared some important statistics from the Credit Suisse Global Wealth 2012 report about the status of millionaires around the world, including:

  • The number of millionaires in the United States will more than double in the next five years (53% increase).
  • The United States will have 16.9 millionaires by 2017.
  • The United States is by far the global leader in terms of “manufacturing millionaires.”
  • Globally, there are expected to be 46 million millionaires in the world by 2017.

The chart from Credit Suisse’s report below shows the biggest gainers and the biggest losers of millionaires between 2011 and 2012 with the U.S. firmly in the lead.

number of millionaires by country

I wonder how many of those millionaires will be women.

Get the details: Decline? US Will Add Five Million Millionaires By 2017 via www.cnbc.com

READ MORE WOMEN ON BUSINESS NEWS AND INSIGHTS UPDATES

Susan Gunelius

Susan Gunelius is the Founder and Editor-in-Chief of Women on Business. She is a 20-year veteran of the marketing field and has authored ten books about marketing, branding, and social media, including the highly popular 30-Minute Social Media Marketing, Content Marketing for Dummies, Blogging All-in-One for Dummies and Kick-ass Copywriting in 10 Easy Steps. Susan’s marketing-related content can be found on Entrepreneur.com, Forbes.com, MSNBC.com, BusinessWeek.com, and more. Susan is President & CEO of KeySplash Creative, Inc., a marketing communications company. She has worked in corporate marketing roles and through client relationships with AT&T, HSBC, Citibank, Intuit, The New York Times, Cox Communications, and many more large and small companies around the world. Susan also speaks about marketing, branding and social media at events around the world and is frequently interviewed by television, online, radio, and print media organizations about these topics.

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