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Fortune
Fortune
Marco Quiroz-Gutierrez

AI frenzy helps mint 600,000 new U.S. millionaires, trouncing the rest of the world

woman throws cash in the air (Credit: Getty Images)

Artificial intelligence’s boost to financial markets helped the U.S. trounce the world in millionaire growth last year, when their ranks swelled by 600,000.

That's more than the population of Baltimore, bringing the total number of Americans who have at least $1 million in investable assets, not including their primary residence, to 7.5 million, CNBC reported citing data from Paris-based consulting company Capgemini.

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