VIP Class Notes (Celeste) [R]

Vocabulary

net worth – the ​value of the ​assets (= property and money)​ that a ​person or ​business has, after any ​debts are taken away

There are 6 surprising things everyone always gets wrong about American millionaires

The  habits and  tastes of millionaires are fascinating to those of us with less-than-seven figure bank accounts.

According to a report on American millionaires by Wealth Engine, about 7% of the US adult population has a net worth greater than $1 million.

We’ve highlighted some interesting facts about rich Americans that may surprise you, from the type of car they drive to their political affiliations.

They’re not all filthy rich. In fact, 95% have a net worth between $1 million and $5 million.

More rich Americans identify as Democrat (58%) than Republican (38%).

They don’t only drive luxury cars. Ford is the second most popular car brand behind Mercedes and ahead of BMW.

New York City and Los Angeles don’t have the most millionaire residents. Miami Beach’s 33109 ZIP code actually has the highest saturation of millionaires in the US.

Very few own private jets. Only 1% of millionaires own a private plane, but 3% own boats.

They’re not bachelors and bachelorettes. Almost 94% of American millionaires are married.

Why Megyn Kelly Will Not Travel to the Olympics With NBC

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“She was game to do whatever the network bosses felt was best but felt very strongly about staying in New York given the topics her show has been covering,” the insider tells Us about the journalist. “She didn’t want to miss out on another big exclusive by being overseas since her show has been leading the way on #metoo interviews.”
The insider adds: “Her show notched over 3 million viewers on Monday.”