“Many speak the truth when they say they despise riches, but they mean the riches possessed by others.” —Charles Caleb Colton
I say, Reggie, old chap, be a good fellow and pass the caviar,” said Nigel, after a sip of champagne.
“Certainly, old bean,” replied Reggie, between sips of Chateau Le Moutarde ’83 Premier Grand Cru Classe Bordeaux.
As I watched my two ophthalmologist-friends enjoying a spot of lunch during a recent meeting in Maryland, it occurred to me that times seem pretty good for those who serve mankind by attending to the eyes of our brothers and sisters. But then my perspective has been slightly distorted.
According to a recent report, the U.S. economy has perked up sufficiently to more than reverse the financial setbacks generated by the financial crisis that began a decade ago. The recovery has reached the point that today about one out of every 20 Americans is a millionaire.1
Only part of the story
Those of us in Maryland are even better off. According to Phoenix Marketing International, Maryland has more millionaires per capita than any other state.2 The research firm found that 7.7% of households in Maryland have more than $1 million in investible assets, making my state No. 1 in the country. Making this so clear that even we refractive surgeons can understand it, the article goes on to say: “That means 1 in every 13 households [in Maryland] is a millionaire household.”
Connecticut and Hawaii came in second and third place, with 7.3% and 7.25% of millionaire households, respectively.
Millionaires like Nigel and Reggie are literally a dime a dozen here in Maryland, I realized whilst absent-mindedly munching on a few petit fours washed down with Pol Roger.