Jan 15, 2018

Question of the Day: Which North American city has the most millionaires?

Answer: New York

Here's the infographic (note that due to size limitations does not appear in the Question of the Day slides):

Questions:

  1. Where else in the U.S. do you think there are large numbers of millionaires and why? [Bay Area (180,000) and Los Angeles (173,000) are next largest cities]
  2. Do you think the millionaires in New York made their money there or elsewhere and have just chosen to live there?
  3. How many millionaires do you think live across the entire US? [4.3 million]
  4. Do you think the number of millionaires increased or decreased in 2017 over 2016?

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers: When you hear the term millionaire, do you think of Hollywood moguls, Silicon Bay tech giants, fund managers on Wall Street?  The Visual Capitalist brings us another fantastic infographic based on data from the Knight Frank report in my favorite format -- a map with circles sized in proportion to the data.  It’s backed up by tables and text too with data from all over the world.

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How much do you need to save monthly to be a millionaire? Check out this NGPF Question of the Day to get the answer. 

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