I read the most astounding paragraph in the June 19th, 2018 edition of USA Today. In Wealth of Millionaires Surges 10.6% to top $70 Trillion for the First Time, David Carrig was reporting on the World Wealth Report 2018 recently released from global consulting firm Capgemini. It was the third paragraph of the article that really caught my attention,
The number of high net worth individuals (HNWI) – which Capgemini defines as those having investable assets of $1 million or more excluding primary residence, collectibles, consumables and consumer durables – grew almost 10 percent, or 1.6 million to 18.1 million in 2017.
After reading the title of the article, I wondered if this was supposed to be a shocking paragraph? Was it something to get the readership wound up enough to raise their collective fist in anger and yell, “Life’s unfair?”Read More