Statistics

51 Global and U.S. Millionaire Statistics, Facts & Resources [Updated 2022]

What Does It Take to Become a Millionaire? Key Statistics Table of Contents Add a header to begin generating the table of contents Despite the COVID-19 pandemic, an energy shortage and war between Russia and Ukraine, high-net-worth individuals continue to thrive in today’s economy. In fact, during this period, there has been a steady increase …

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How Many Billionaires Are There in the World?

How Do People Become Billionaires? Key Statistics & Facts Table of Contents Add a header to begin generating the table of contents Billionaires significantly influence the global economy, politics, and philanthropy. According to data, so far, in 2022, there are 2,668 billionaires around the globe, the total wealth of which equals $12.7 trillion. The richest …

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Gig Economy Statistics

Gig Economy Statistics The gig economy represents a free-market economy where businesses and independent workers enter into short or long-term employment contracts. It includes all forms of contingent employment, such as independent contractors, consultants, freelancers, and other professionals.    The gig economy is substantial, and it is expanding daily. The advantages and flexibility of independent …

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U.S. Credit Card Debt Statistics & Data – Updated 2020

Since the Diner’s Club card first became available in 1950, Americans have been enamored by the concept of the credit card. Additional creditors like American Express followed suit soon after, kickstarting America’s love affair with credit. While credit cards are convenient and provide consumers with additional purchasing power, it’s easy for your financial situation to …

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U.S. Bankruptcy Statistics & Data – Updated 2022

If you’re dealing with financial struggles that have you considering bankruptcy, it’s common to feel like you’re alone in the world. But hundreds of thousands of Americans file for bankruptcy each year. While many people tend to look at bankruptcy as the result of reckless spending and poor financial management, bankruptcy statistics show that most …

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Microfinance, Microlending and Microcredit Statistics – Updated 2020

While it’s a relatively new financial concept, the concept of microfinance is incredibly powerful. Microloans and other forms of microfinance may have the power to reduce global poverty while providing much-needed financial services to a sector of people that are most commonly underserved by traditional financial products. Not to be confused with predatory payday loans, …

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