“I don’t believe in government. I hate politics. I’m against it. And I hope that sometime this fall, we can destroy part of our government, and next year destroy even more of it. The less government, the happier I will be.”
— Ray Bradbury, in Time Magazine (2010)
Hope and change!
America’s millionaire population declined last year for the first time since the financial crisis, according to a new report.
The population of U.S. millionaire households (households with investible assets of $1 million or more) fell to 5,134,000 from 5,263,000 in 2011, according to The Boston Consulting Group’s Global Wealth study.
Total private wealth in North America fell by 0.9 percent, to $38 trillion.