The number of U.S. households with a net worth of $1 million or more, not including primary residence, increased 16% to 7.8 million last year, according to a report released Tuesday by Spectrem Group, a Chicago research company. The increase last year follows a 27% decline in millionaires from 2007 to 2008.
Similarly, the number of ultra-wealthy households, which have a net worth of $5 million or more, rose 17% to 980,000 last year.
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