I think net worth of over 1,000,000 is still the accepted definition though. Afterall, your liabilities could be more than 1 million even though you may have combined income and assets of 1 million...


>>>>Just a curuiosity...
>>>
>>>I don't know for sure, but when YAG and his partners sold Flash, they must have made serious money.
>>>
>>>Tamar
>>
>>Depending how you look at a millionaire. Some say that a person is a millionaire if his/her worth (sum of cash money, stocks, funds, properties) is more that a mill. With the home prices being so high these days, it is easy to hit the million dollar mark of the total worth.
>
>Good point. I've actually heard some say that today, being a millionaire means earning a million in one year.
>
>Tamar