The Worth Investment 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