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Nearly three-quarters of Americans think inflation is increasing. More than half think the United States is in a recession. 49% believe that unemployment is at a 50-year high. None of those things is true. In reality, fact checkers at The Guardian verify that, despite the perception revealed by their latest Harris Poll, the reality is much brighter.

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According to the recently published 2024 USA Wealth Report from global wealth advisory firm Henley & Partners in partnership with New World Wealth, approximately 5.5 million people in the United States have a seven-figure liquid net worth. That ranks the U.S. as number one in the world for millionaires.