Millionaires in 1900, Billionaires Today and Trillionaires in the Future
Millionaires have become far more common over time, driven by global economic growth, inflation, and wealth creation. In the early 20th century, being a millionaire was extremely rare. Historical Number of Millionaires There were estimated to be only about 20 millionaires in 1840 in the USA and around 4,000-5,000 by 1900. Globally, the figure was …