America is adding millionaires. Another 1.7 million Americans became millionaires last year, bringing the US total to 13.2 million. That's a bit more than 4% of the population or 1 of every 25 Americans.
America's income continues to skew heavily toward the top. Times have never been better for America's wealthiest. Meanwhile median incomes are stagnant or falling in real terms.
On planet earth, there are 41 million millionaires or less than 1% of the world's population. In other words, America has a little less than one-third of the world's millionaires, while comprising just 4% of the world's population.