Wednesday, December 2, 2009

Age of Millionaires in USA

According to the various studies on millionaire households in USA, there are around 3.5 Million Millionaire households among 100 Million total households in USA. And according to this study the average age of the millionaire in USA is late forties or early fifties.

And most of them are first generation millionaires. Well, now this statistics is about the people from the Industrial age (Before 1990). But if we talk about the Information age (After 1990) than the scenario is different.

Because of the birth of the Internet, now more and more young people are becoming millionaires and even billionaires in their early age groups. Take the Example of the founders of Google, Facebook, Amazon, Microsoft & eBay. All of them became billionaires in their early thirties.

This is the power of the Information age. You don’t have to wait until your retirement to get rich. This is the information age and people are retiring in their thirties and forties. And people started becoming millionaires in their twenties and early thirties.

So What I advise to you is that, Start your fortune on the Internet. This is because now whole the world is connected with the Internet and it is now really possible to get rich in your early life with the help of the Internet.

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