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Sinopsis

Learn where most millionaires live and don’t live and 2 reasons why it may change in the future. This article was on CNBC. It listed where millionaires live and don’t live. It was thought provoking for a few reasons. First let me read you the list of 5 cities most millionaires live in. 1. Maryland – 7.55 percent 2. Connecticut – 7.4 percent 3. New Jersey – 7.39 percent 4. Hawaii – 7.35 percent 5. Alaska – 7.15 percent This is not surprising for a couple reasons. I learned a long time ago that people can make a lot of money by being where large amounts of money flow. Since Maryland and WA DC are where large amounts of government money flow, it makes sense these are in the top 10 per capita. (I’m not suggesting anything illegal is occurring). It reminds me of the Tom Wolfe novel Bonfire of the Vanities when Sherman, the protagonist and “Master of the Universe”, his wife describes to their daughter, Campbell, what her bond trader husband does: “Just imagine that a bond is a slice of cake, and you didn’t bake the