That is about 0.1% or 1 out of every 1000 people on the planet.
The number EXCLUDES primary residence.
Ref: http://www.ml.com/media/48237.pdf being the 2005 Merril Lynch Wealth Report.
I think it is a healthly reminder when we have all our scare-stories going on about how $1M will not be enough - and also confirms that we FIREes are a very exclusive club!
Cheers!
The number EXCLUDES primary residence.
Ref: http://www.ml.com/media/48237.pdf being the 2005 Merril Lynch Wealth Report.
I think it is a healthly reminder when we have all our scare-stories going on about how $1M will not be enough - and also confirms that we FIREes are a very exclusive club!
Cheers!