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What it's like to be a millionaire in America today

What it's like to be a millionaire in America today

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There are 32 million millionaires in the US.

  • $4 lead a life that's hard to fathom for the average American.
  • There are around 32 million millionaires in the US, according to a report by Coldwell Banker and WealthEngine.
  • The report looked at the life of the average $4, from how old they are to where they live to what they spend their money on.

There are a lot of things people get $4 - that's why millionaires always make for such an interesting study. For the average American, it's hard to fathom what a seven- or eight-figure life is like.

According to $4, there are around 32 million millionaires in the US - and that number is only expected to increase. Such growth has made the country's millionaire population more diverse than ever, resulting in various trends and preferences.

The Coldwell Banker Global Luxury program worked with WealthEngine to research the life of the US millionaire, defined as a person with a minimum net worth of $1 million, from wealth creation and property investments to luxury spending trends.

Below, see what life is really like for the average American millionaire, based on highlights from the report.

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