I read frequently that what was considered a "millionaire" the last century, inflation and cost of living adjusted would mean "someone with 7 millions or more i

I read frequently that what was considered a "millionaire" the last century, inflation and cost of living adjusted would mean "someone with 7 millions or more in net worth" Edit: they're the famous HNWI ("High Net Worth Individuals") https://en.wikipedia.org/wiki/Millionaire https://en.wikipedia.org/wiki/Millionaire https://en.wikipedia.org/wiki/High-net-worth_individual https://en.wikipedia.org/wiki/High-net-worth_individual The famous "one percenters" are people with 8.4 million in net worth or more: "The 1 percent threshold for net worth in the Fed data was nearly $8.4 million" Source: http://economix.blogs.nytimes.com/2012/01/17/measuring-the-top-1-by-wealth-not-income/ http://economix.blogs.nytimes.com/2012/01/17/measuring-the-t... http://www.nytimes.com/2012/01/15/business/the-1-percent-paint-a-more-nuanced-portrait-of-the-rich.html http://www.nytimes.com/2012/01/15/business/the-1-percent-pai... From https://news.ycombinator.com/item?id=7257696 https://news.ycombinator.com/item?id=7257696