Stock prices pushed up the millionaire population in the United States close to its all-time high before the recession.
According to the data, the chicago-based research firm wealth Spectrem group, now has 8.99 million U.S. households with a net worth of $1 million or more (excluding primary residence). This is from 2011 in 8.6 million, just short of all the time records, was founded in 2006, the United States has 92 billion rich family.
(to read more: "wealth effect" to drive more houses than stock)
Stock market rally has been the biggest driving force created by a millionaire. This year's gains, said Spectrem group, may have already exceeded its record in the United States.
Most of the benefits of rising stock went to the rich, for the top 10% of americans owned more than 80% of all shares, according to Edward wolff, from New York University (New York University). But the recent stock market volatility has also created a new gap in rich, or at least between millionaires and the so-called rich.
(read: billionaire population hit 1453 or maybe 1453)
According to the Spectrem, quantity, value $1 million or more, and the family is near $5 million or more. However, more than $500000 (rich) family is far less than the number of records in 2007. Worth more than $500000, 143000 families - from 2007 in 15.7 million.
Why the growing gap between rich and poor in the rich?
Catherine McBreen, President of Spectrem group millionaire Angle, said the millionaire households owning stocks - benefit more from the operation of the market. This is not just a question of money. Wealthy family also tend to make better investment, or at least more bullish, during the recession, and left in less wealthy investors bailed out on the market.
Wealthy families, more than half in 2005 to invest in some stocks, but down to about a third in 2012. Millionaire households have some form of shares, their investable assets of 71% from 61% in 2005.
(to read more: prone to stock ski lift domestic market)
"Rich people not resumed as soon as possible because they hold the shares," McBreen said. "Many of them simply out of the market. They have more cash on hand, but more high net worth families live in"
, she says, millionaire households are more likely to be older people and retirement, so they have the ability to keep more money in the market.
"Rich high earners, but they may also have high costs, such as college tuition."
 
 



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