http://en.wikipedia.org/wiki/Millionaire

"According to TNS Financial Services, Los Angeles County has the highest number of millionaires,[17] totalling over 262,800 households as of mid-2006.[14] Los Angeles County is also the largest single jurisdiction of any kind in the United States."

http://www.presstv.ir/detail/161839.html

what's this? we're going to bankrupt our government because our millionaires can't afford to pay our horrendous taxes?

ya know, it's a pretty dang worthless internet seach if you put "millionaire" in as one of the search terms.

You Too Could Be A Millionaire That Gets Paid $50 an hour and never has a substantial increase in income because of your debt load.

pain in my butt internet.

what's the average life span of a millionaire?

$50 per hour, suckie suckie, fluffy fluffy...

$50 an hour is certainly not millionare salary lol.

depends on your expenses, i put it around 15 years to become a millionaire @ $50 an hour.

depends on where you live. Without kids, assuming 30% on housing (rent, utilities interest, upkeep - especially in southern California - in other areas 30% is way too high), $500/month on transportation (interest, lease payments, gas, upkeep), $150 a week on food (assuming eating out once a week), you're looking at at least 25 years before factoring in taxes @ $50/hour

Sure it is. That's over 100k a year. My parents never managed nearly that much income between them -- but their net worth is in excess of a million dollars. That's with 4 kids... and neither has worked full time in the last 5 years.

Even a modicum of financial responsibility will turn anyone working full time at $50/hour into a millionaire over their working lives.

-Fooglmog
Guy with no clue.

don't look @ me, I married a sugar mama!

$1M is not so big a deal these days... inflation ftl =/

get your stock in koopa coins fellas

post

New South Wales government in Australia is bankrupt because it is corrupt. Most of Australia is in great economic condition.

- Signing outragous deals with developers, eg promising that the state will be liable if their redevelopment does not meet their projected profit WTF, how is that sane.

- Preferential contracts to developers that hire relatives which allows them to inflate prices.

- Selling public assets that make huge amounts of money, electricity, casinos, lottery, water (both actual water, rights to water and water facilities).

- Mismanage the Federal governments plan to redevelop school. Eg Schools were allocated money and a time period to use it. The state told developers to put what ever bids they felt like in, and they all got accepted even with 500% markups. Eg to paint one wall of a building, one days work $20k dollars or to build a room previously valued at 80k for 250k. Under the original rules, schools weren't even allowed to know how much it was going to cost till after it was built...