SEATTLE NEWS ARCHIVES & FEATURES
226,000 millionaires in Washington state
May 4, 2011, 1:26 PM | Updated: May 5, 2011, 10:20 am
There are about 226,000 millionaires around us in Washington, according to a study from Deloitte.
In the United States, there are about 10.5 million households holding around $39 trillion. The U.S. is likely to continue to be home to the largest number of millionaires, potentially rising from 10.5 million to 20.5 million households in 2020.
Washington state ranked 14th in the country for number of millionaires and the study estimates by 2020 we’ll have about 534,000.
In 2010, Connecticut was the state with the highest density of millionaire households (14.2%). The study projects that, New Jersey will have the most (24.6%) by the time the next decade rolls around.
On the topic of wealth, today I talked with the son of one of the richest men in the world, Warren Buffet. Peter Buffett has some interesting thoughts about money, given that he has not gotten hand outs from his famous, rich dad. He’ll share the most important lesson he learned from his dad, next week on 97.3 KIRO FM .
