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International Business Times
International Business Times
Business

How Common Is A Seven Figure Net Worth In The U.S.? More Than 1,000 People Become Millionaires Every Day

Strong investment returns, rising home values and years of economic growth have helped millions of Americans cross the $1 million threshold, even as inflation has reduced the purchasing power of that milestone. (Credit: Ozan Kose/AFP via Getty Images)

Becoming a millionaire has long been viewed as one of the clearest signs of financial success. In today's economy, reaching a seven-figure net worth is no longer as uncommon as it once was.

Strong investment returns, rising home values and years of economic growth have helped millions of Americans cross the $1 million threshold, even if inflation has reduced the purchasing power of that milestone.

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