Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Emma Burleigh

The American Dream is alive and well: The number of 'everyday millionaires' is soaring, with over 1,000 people joining the ultrawealthy club daily

(Credit: Anastasiia Krivenok—Getty Images)
  • More Americans are now millionaires thanks to strong real estate markets, rising stock values, and 401(k) investments—and after the $83 trillion great wealth transfer, there will be even more. In fact, the U.S. minted over 1,000 new millionaires daily last year, ushering in the largest cohort of “everyday millionaires,” according to new data from UBS. The American Dream may seem out of reach for many, but it’s become a reality for nearly 400,000 U.S. citizens.

Having a house with a two-car garage, a white picket fence, and a bank account stocked with sizable savings feels like a fading dream for many Americans. But the aspiration is alive and well for the 379,000 U.S. citizens who became millionaires last year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.