The Net Worth Archive

Millionaires Lose 30% of Their Fortunes

Thursday, January 8th, 2009

American millionaires have lost about a third of their wealth during the financial crisis, according to a new survey. Getty Images The study, by Spectrem Group, the Chicago-based wealth-research firm, found that households with a net worth of $1 million or more say their assets have declined 30% or more. Nearly one-fifth ... Continue reading

12 Anchors of Building Wealth

Tuesday, July 8th, 2008

Building wealth is like everything else in this world, you have to work at it to be successful. Wealth building is not a scheme, plan, or even a strategy. It is a system, and when followed correctly can produce great results. There are many ways for a person to become wealthy ... Continue reading