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How Many Properties Does the Average American Millionaire Own? Although many people imagine millionaires owning various properties, the average American millionaire prefers to own only one property (43%), with only 8.5% of the millionaire in the U.S owning four properties or more.
With rapid price appreciation between 2020 and 2022, we estimate that approximately 1.2 million California households are now home-equity millionaires. Who are these house-rich Californians? Most have paid off their mortgages.
Oracle co-founder and CEO, Larry Ellison has been dubbed the "nation's most avid trophy-home buyer" by the Wall Street Journal, and while loveProperty.com has been unable to confirm the exact number of homes the billionaire currently owns, the figure is believed to be over 30.
Introduction: My name is Van Hayes, I am a thankful, friendly, smiling, calm, powerful, fine, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.
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