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5/02/2007
  The Comfortable Poor

Kedrosky has a post up that says 1 in 18 households in the US are now "millionaires".

It recalls British publishing billionaire Felix Dennis' new classification of wealth:
Total assets  
£1m-£2m The comfortable poor
£5m-£15m The comfortably wealthy
£40m-£75m The comfortably rich

Beyond that come the super rich and the filthy rich...

Note that figures are in british pounds, so it's roughly $2-4M in USD to be comfortably poor.

 


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