by Krantcents 44 comments

Road to Riches can be a bumpy ride!  Maybe you had a paper route, lemonade stand, sold Girl Scout cookies or some other money making activity as a kid.  If you had an early interest in making money, you probably are likely to start a business.   Although 50% of everyone has a net worth of less than $10,000, a select few are worth more than a million dollars!  How do you match up?

There is something to learn from these statistics!  Two of the richest people in the world do not live in these areas at all!  Warren Buffett lives in Omaha. Nebraska and Bill Gates lives in the Seattle Washington area.  Wealth or superwealth is not limited to New York, Los Angeles or San Francisco.  It can be anywhere and it can be you!  The road to riches is anywhere!  What is stopping you from success?

I guess it doesnt really surprise me that the most rich people live in larger cities. Larger cities tend to be expensive to live in (some neighborhoods, anyway). Interesting infographic!

Thanks, there are at least 2 very rich people who do not live in these cities, Bill Gates (Seattle) and Warren Buffett (Omaha).

Interesting infographic. Im intrigued by New York City and multi-million dollar apartments. Its crazy what you can get for your money in some less-desireable cities in the US compared to places like NYC. 2,000 square foot apartments going for $2-$7Mits crazy.

Places like New York City and Los Angeles offer a lot of opportunity along with the very high cost of living. You can live near those cities and still participate in the opportunities.

Cool infographic! I live in the NYC area and yes it is expensive. I sometimes think about moving to a lower cost area but my family and friends are here. Just heard on the radio that average rent in Manhattan is $3300 and in Tribeca and Soho: $5300. Insane!

If you really want to go insane calculate the cost per square foot! Los Angeles is not exactly a low cost are either,although lower than Manhattan.

Love these type of graphs. And it is true that success can be found anywhere. In fact, I would suggest that growing wealth is easier if you dont live in one of those rich areas. One has more to save and invest because the standard of living is not as high. Thanks for sharing!

Large cities offer a lot of opportunities. I was able to invest in income property in Los Angeles in the late 1970s and did quite well.

Wow! Very interesting infographic. The prices for homes in those areas is CRAZY.

Along with high home prices, there are usually high wages. The definition of an expensive home changes with location dramatically.

Wow! Surprising stats! I had no idea that almost half of people have a net worth of less than $10,000. I guess it makes sense if youre accounting for those living in third world countries. However, even if its just in developed areas (which Ive heard could be true as well) then it just shows us how little financial education most people have. It also points out the potential for anyone who is willing to educate themselves!

It goes beyond a financial education! It is common sense, no one can live on just Social Security unless you have savings.