North Dakota Ranks at the Top of the States with New Millionaires

North Dakota was one of the leading states with new millionaires according to USA Today.

It is no doubt in large part, due to the oil industry. The state led the country when it comes to the growth of millionaires per capita last year. We added 1,800 new millionaire households bringing our millionaire ratio to 4.59% from 4% in 2012.

Other states doing well with new millionaires include South Dakota, Louisiana and Maine. The state with the most millionaires would be Maryland, it has more millionaire households per capita than any other state according to a study from Phoenix Marketing International, a wealth research firm.

The big loser in terms of millionaires per capita was Nevada, which lost a whopping 8,000 millionaire households.

(source USA Today)