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Speedhump you raised an interesting point. All the while growing up I was fascinated by forbes, but have started to realise now that it might be the most accurate.

A lot of millionaires in USA hide incomes through investments in Cayman islands. I also think if per capita is the right measure to identify wealth as it does not account for wealth that is unaccounted for. It surely misses the purchaising power and thus does purchasing power reflects anything. Then again we are fueled by cheap debt that could fuel demand and sustain it till we hit rock bottom like we have now.

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Net worth =
Assets= Liabilities + Contributed Capital ( Net Worth)

Contributed Capital= Assets - Liabilities

A lot of those millionaire are those with wealth in Public companies....The ones with hidden assets( many they are) get away. But spend an awful lot of time and effort just to duck under the IRS.

I know the definition dude. I did not mean literally.