A recent research has found that some 2.9 million people in the United States and Canada have net worth's of $1 million. Majority of them (about 70%) have earned their money by building successful businesses or saving from their salaries. The others inherited (all or part) of their wealth.
However, today's $1 million isn't that glamours as it used to be, based on US Federal Reserve figures, someone who bought $1 million worth of goods in 1957 would need $7.3 million to buy the same goods today.
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