15 Poorest States With The Fewest Millionaires Per Capita

When talking about the US, foreigners always think about it as a dreamland where all their dreams can come true. We realize that not everyone living in the US is that lucky to be called the high class, but due to the country’s development in general, there should be plenty of people with 2 commas on their bank account. But the truth is that living on Manhattan doesn’t immediately make you the millionaire, but the person living among millionaires. This is exactly the case of the whole US in general. Just because someone lives inside the boundaries of the US, doesn’t necessarily mean that they are rich. Insidermonkey experts made a list of poorest states with the fewest millionaires per capita.

When we say millionaire, we don’t think about the people with expensive houses and stocks, but people who have more than $1 million liquid money. The liquid money is physical cash or any other asset that can be easily turned into $1 million cash. The thing is, being a millionaire has a different meaning in each country. While millionaires in the US are considered to be very wealthy people, while a millionaire in Vietnam is considered to be a very poor class, because translated into the dollar, their one million is about 44 US dollars. According to the World Wealth Report 2016, there are 60% of all millionaires on global level concentrated in 4 countries: China, Germany, Japan, and, without any competition, the US. You can also check our list of 15 States With the Most Millionaires Per Capita in America.

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