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US Millionaires Jump 16%
as Market Rebounds

Mar 11, 2010 2:29 AM CST

US Millionaires Jump 16% as Market Rebounds

Ranks of rich, ultra-rich rising again

(Newser) - They've had a rough couple of years but America's rich are now getting richer again, according to a report from the Spectrem Group. The number of households with over $1 million in assets—not including the primary residence—jumped 16% last year to 7.8 million. The 69% rally in...

In '07, Jackson Worth $237M, But Cash-Poor, in Debt

ANALYSIS

Jun 30, 2009 3:01 PM CDT

In '07, Jackson Worth $237M, But Cash-Poor, in Debt

(Newser) - As recently as 2007, Michael Jackson had a net worth of $236.6 million, the AP reports. But his finances weren’t that simple. Most of his $567.6 million in assets were tied up in property and rights—he had just $668,215 in cash—and his debt totaled...

Net Worth of US Households
Sinks Another $1.33T

Jun 11, 2009 12:56 PM CDT

Net Worth of US Households Sinks Another $1.33T

(Newser) - The net worth of US households—assets minus debt—fell $1.33 trillion in the first quarter to $51.71 trillion, the Wall Street Journal reports. The 2.6% drop is smaller than the 8.6% of 2008’s fourth, a Fed report says. The first-quarter data don’t include...

How Much Is Donald Worth?
Here's How He Figures It

May 18, 2009 9:04 AM CDT

How Much Is Donald Worth? Here's How He Figures It

'Mental projections' and ballpark estimates rule Trump's valuation of his empire

(Newser) - As a defamation action brought by Donald Trump against a writer for allegedly understating the Donald’s net worth gets under way today, the question on everyone’s mind is: How much is Trump really worth? The 2005 book put the figure at $250 million, Deutsche Bank pegs it at...