2007-09-20 04:39:46 · 10 answers · asked by sexy grandmother 4 in Business & Finance ➔ Other - Business & Finance
Millionaires applies to wealth, not income. I live in the Silicon Valley, and there are many millionaires that earn middle class livings, simply because their houses are valued so highly.
Another example, someone who is retired and lives off the income of a couple of rental houses would be a millionaire (again, they are house rich), but only making $2k - $4k per month.
2007-09-20 04:54:59 · answer #1 · answered by Uncle Pennybags 7 · 1⤊ 0⤋
A millionaire is someone who has that much in assets. A person earning 150K a year can be classified as a millionaire if they acquire assets and life insurance. Or a person making that much money who spends it on trips and toys instead of insurance and real estate is cash poor.
So some military officers are actually millionaires. Many people living and working in California are millionaires.
If you want names and contact info. there are too many to list!
2007-09-20 04:46:17 · answer #2 · answered by ANGEL Baby 3 · 0⤊ 0⤋
If you are a Millionaire, then why do you need to work*.
If you are still working, you are Not a millionaire.
So in summary, there would be hardly any.
*Work here means a job or anything that you do on daily basis 9-5 and you do not have control over it.
2007-09-20 06:38:43 · answer #3 · answered by Investment Advisor 2 · 0⤊ 0⤋
The leader of a trade union. He has a good rapport and command over the rank and file and he simultaneously earns millions from the management, without the knowledge of his followers.
2007-09-20 06:19:27 · answer #4 · answered by Anonymous · 0⤊ 0⤋
A lot of people. In fact, if you plan on stop working at the age of 65 you better have $1M in the bank.
2007-09-20 04:44:13 · answer #5 · answered by Tumana 2 · 0⤊ 0⤋
Generally many of the scrap yard dealers, jewellers, stock brokers, mutual fund operators etc.
2007-09-20 05:16:44 · answer #6 · answered by Anonymous · 0⤊ 0⤋
THERE NOT REALLY WORKING CLASS ANY MORE IF THEY ARE MILLIONAIRES .
your question kinda contradicts itself.
2007-09-20 04:46:13 · answer #7 · answered by fundingway_brandon 2 · 0⤊ 1⤋
Lots of people. One million dollars isn't what it used to be ....
2007-09-20 04:42:32 · answer #8 · answered by Chris C 3 · 0⤊ 0⤋
some ministers,stars, industrialist,trader,brokers,big shop holders,etc.but not u?
2007-09-20 06:43:12 · answer #9 · answered by only kewal 4 · 0⤊ 0⤋
i am
2007-09-20 04:42:24 · answer #10 · answered by Anonymous · 0⤊ 0⤋