The U.S. accounts for the largest share of individuals with net worths of at least $1 million across the globe.
  • partial_accumen@lemmy.world
    6·
    13 days ago

    Likely the result of the last 2 years of gangbuster returns on the stock market.

    Lets say on Jan 1 of 2023 you had $633,362 invested in the boring S&P500. Without putting another penny invested it would look like this:

    • at the end of 2023 your investment was worth $799,872
    • at the end of 2024 your investment was worth $1,000,001