How many people in United States have 15 million dollar or more?

Question

Would that much amount put you in top .1% of America?

Answer 1

I think that amount would put you somewhere in the top 30% or so.

Answer 2

The most recent news reports puts the number of Americans with a net worth in excess of $1 million at 9 million people (just under 3% of the population), and those with $5 million or more at 1.1 million.  This is only 0.3% of the population.  Actually growth rates for new millionaires is declining rather rapidly.  And remember, in constant dollars (corrected for inflation), $5 million today is equal to a mere $500,000 in 1980.

Mexico, for example, has a higher number of US$ millionaires per capita than the US.  And China is now #5 in the world for the number of US$ millionaires, ahead of France.

Answer 3

Yes

Answer 4

"I am not exactly sure but I do know that only 2% of the population controls 98% of the money.

an economics class i am taking"

You should pay more attention in class unless they actually said it.  If they did don't go to the class anymore.

Answer 5

In the United States, 20% of the population control 50% of the "income". The top 1% controls 14% of the income (stats are a few years old).

I can't give you an exact answer to your question, but I will throw out some numbers that might help you.

In 2005, the United States had 8.9% of its population with a networth of over 1 million. 8.9% of the population would translate to ~30 million people.

With that said, there are a LOT more millionaires than those with 15 million in net worth. It takes ~250k/year in income to get in the top 1% of the US population for family income. Few families earning 250k have 15 million in the bank. The aforementioned data would support the notion that less than 1% of Americans have 15 million in networth. 1% of our population would be ~3 million people.

Next, I don't like using Wikipedia, but per their webpage (http://en.wikipedia.org/wiki/Millionaire... North America had 38,400 persons with over 30 million in networth in 2006. One can assume that most of these millionaires live in the United States. One could estimate that 75% of all North American millionaires are in the US. 75% of ~40k people is 30k. As you can see I am rounding a lot of these numbers since I am making very loose estimates.

30k people with over 30 million in networth. Additionally we know that there are ~3 million people with over 1 million networth. Based on these numbers we can assume that there is a drastic reduction between 1 and 30 million.

If I were to throw a guess, I would assume that we have somewhere around 100k people with 15 million in networth.

DISCLAIMER - I make some very loose assumptions here and my numbers are very likely wrong. And yes, 15 million dollars will very likely place you in the top .1% as .1% of America is over 300k people.

Answer 6

i dont know but i definately have more than that so im in the same boat as you.

Answer 7

Lets look at a few things shall we.  Im gonna pull these numbers from what I remember.

The top 5% of American families earn more combined than the other 95% combined.

The top 3% Earn over 100k/year.

1% Are well off.

1% of 1% (.0001%) are financially free.

Off the top of my head, I know of probably 20 or 30 that would have that in equity accounts of some kind.

Answer 8

about 20% of the population estimated

Answer 9

I wouldn't worry about it, as the U.S. only export besides computer chips, the last several years has been BAD MORTGAGES.  

Approx. 3-5% of population control  90 % of nations wealth, how many have 15 million, or more guesstimate would be that would put you at least close to top 1 % because many are just (ha , ha) one, or two million, millionaires.

The generation of today in their twenties and thirties, may see the hardest time since the 1930's.  There are 150 more Indybanks ready to fall, and the government will not bale them all out.

The non regulation of capitilisim in the U.S. has made many millionaires at the expense of average working people around the world, many of these mortgages, causing bank failures in Germany, and the U.K.

Deregulation opens the door to fraud.  The rest of the world will be lecturing and very angry at the U.S., as this entanglement of investment banks plays out.  Petro dollars wanted, and the U.S. will be for sale, don't be surprised if G.M. is sold to foriegn corporation like Budweiser, our grandfathers must be rolling in their graves, they did not defend this country to make a bunch of white collar criminals wealthy, at the expense of the working class.

Without a living wage, and an end to the idea that pure forms of deregulated capitilisim will always work things out w/o intervention, the new millionaires will be from Asia, the Middle East.

Some Money mnagemnt companies already suggesting bonds in Asian currency, over American bonds, for growth reasons.

Greed and Usery, illegal in all 50 states forty years ago, legalized in the last thirty years, here in the U.S. destroying a once vibrant middle, and working class.  On Oct. 12th 2007, the American Stock Market hit a new high, breaking fourteen thousand for the first time.  Nine short months later, investment banks, and commercial banks have been bailed out by the federal govt., for the first time since the 1930's, and the stock market has deflated three thousand dollars, was inflated all along.  

I suggest anyone interested in the decline in the American state, to follow Bill Moyers journal at pbs.org, or his broadcasts on PBS.  This gentleman seems to be the only concerned journalist (well, there are others) coming out of retirement, to cover the impending American financial disaster, and speak for common folk.

AC/DC said it best:  It's a long way to the top if you wanna be a millionaire;  maybe a short cut would be to move to a Pacific rim country, or middle eastern petro king.  With skills.

Skills and education in the U.S. may not take the generation coming up, too far, the next twenty years.

Answer 10

3000 people

Answer 11

wish i had.

Answer 12

you can add my name to the list

Answer 13

Is it sort of personal question? Why is it acceptable to single out individuals for being poor, or rich?

Answer 14

me just bought a zonda today

Answer 15

Quite a few

Answer 16

I am not exactly sure but I do know that only 2% of the population controls 98% of the money.

Answer 17

Out of the whole population of the USA,I'm not one of them so ye may need to redo your calculations...    :-)

My guess would be around 302,275.

Answer 18

15 million today is nothing/

most in government have 10 to 15 million as do their families.

thus 15 million people have 15 million dollars or more. answer TOP 1% OR 2 %