More than one-quarter of American millionaires say they don't feel wealthy, but they would if they had an extra $5 million.
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But despite that feeling millionaires control 40 percent of global wealth.
They can easily be spotted in New York, where there are a reported 7,270 people each worth more than $30 million.
The Fidelity report seeks to provide investors with a snapshot of a typical millionaire.
Fidelity found that today’s millionaire is, on average, 61 years old with $3.05 million in assets.
These respondents were more optimistic about the future financial environment than at any other time in the survey's five-year history.
The report, also found that the vast majority of millionaires in the U.S.—86 percent—are self-made. And only 14 percent said they were born wealthy.
Self-made millionaires’ top sources of assets included investments/capital appreciation, compensation and employee stock options/profit sharing.
Those born wealthy were more likely to cite inheritance, en
- Elephant Lord 2012/07/26 23:27:24funny
"I'm not that rich after I spend my money!"reply - nothingbutthetruth 2012/07/26 08:39:38not funnyThey are full of greed, that's why!reply
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funny+1I need more I am hungry
reply - HarleyCharley 2012/07/26 07:00:05funnyit is relative...reply
