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Reply to "Generational wealth. What's behind the obsession?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The wsj says there are 470,000 families worth $30 million or more. And over $200,000 worth $50 million or more. Almost 100,000 with $100 million or more.[/quote] how do they define "family" for that?[/quote] Altria (sp?) did a global 2025 wealth report and UHNW $30M+ are top 1% of millionaire households globally. So its about 45 million $1-$5M, 4.5 million $5-$30M and 450,000 oner $30M. Thats glbally. Population vs wealth follow a Pareto curve. There are wealth pyramid diagrams in the report. If the DC metro area has,say, 1.5 million households statistically its probably 1,500 to 2,500 with $30M+ given wealth concentration skew of DC[/quote]
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