Maryland has most millionaires … Georgia not in top 10

Georgia’s economy’s been in the dumper lately, and maybe that’s hurt the upper crust, too.

Our state doesn’t crack the U.S. top ten for millionaires, according to a report from CNBC.

Maryland, Hawaii and New Jersey lead the way.

33 comments Add your comment

MiltonMan

October 31st, 2011
10:45 am

Dems – so clueless that they are unaware that the evil rich is their own. Maybe we should replace the cavemen in the Geico commercials with dems.

Engy

October 31st, 2011
10:53 am

What the hell? What kind of reasoning is this? Was Georgia ever in the top 10 for millionaires?

It’d have to be….

1. New York
2. California
3. Texas
4. Florida
5. Virginia
6. Washington State
7. Maryland
8. Connecticut
9. Massachusetts
10. Pennsylvania

Steve

October 31st, 2011
10:58 am

This redneck backwards conservative state? How could we ever produce millionaires here?

hdhd

October 31st, 2011
10:59 am

Of course Maryland leads the way. That is where all the businesses that get the big $$$$$ government contracts are located.

Ben The Independent

October 31st, 2011
11:00 am

I note that Maryland and Virginia (relatively small pops.) are in the top 10. I wonder what impact federal employ’s pay has on these stats.? Could be that their pay is much more than the ordinary working folks?

Ziquonmeisha

October 31st, 2011
11:04 am

Does being in the personal bankrupcty filings top 10 count? As of 2010 we were holding down the #2 position, at one bankruptcy filing for every 126 residents.

Ben The Independent

October 31st, 2011
11:08 am

Steve: You sound like a northeast lib. who moves to Georgia and then trashes the state because it’s not as liberal as the state you left? I don’t read where there is a mass migration to the liberal Northeast; but what do I know, I’m just a conservative Georgian.

Tom G(Independent)

October 31st, 2011
11:10 am

Steve@10:58 – Don’t let the Leaving Georgia sign hit you in the buttocks as you make your way back to the great State of California!!! Bye!!

Steve is a Yankee jerk

October 31st, 2011
11:11 am

PLEASE MOVE BACK NORTH. WE DON’T WANT YOU HERE.

Harry Reid

October 31st, 2011
11:15 am

I don’t understand…I know the stimulus is working.

Bennihana

October 31st, 2011
11:15 am

Hey @Ben. Last time I checked, government offices and civil service jobs weren’t producing very many MILLIONAIRES. After all, MILLIONAIRES are not generally slaving away in flourescent lit cubicle farms, living paycheck to paycheck. It might have more to do with the density of LOBBYISTS, government contracted CEOs and such though. Boy that “conservative” dogma and mindest is gloriously dumb!!!!

The Truth

October 31st, 2011
11:19 am

Let’s see… Republicans say that the ‘job creators’ will create jobs if we cut taxes. Bill Clinton raised taxes and 22 million jobs were created during his eight year term. On the other hand, George W. Bush cut taxes and only 2 million jobs were created during his eight year term AND he created huge deficits and got us into two unfunded wars. So regardless what Fox News says, the ‘job creators’ DON’T create jobs when their taxes are cut. That the truth, Ruth!

Happy in Georgia

October 31st, 2011
11:22 am

C’mon Steve – Georgia is hardly backwards and to be fair elements of a lack of progression may be found in both very conserative and very liberal constituencies.

IMO Georgia is very, very diverse in geography, personal opinions and backgrounds. To me this is one of the most appealing things about this state. Georgia has very good higher educational institutions and better than average hospitals, although we need more health care infrastructure.

Also, you do not need to be a $M in Georgia to live like a $M with this state’s terrific parks system.

Road Scholar

October 31st, 2011
11:22 am

Ben and Steve: Just look at the bank bankruptcies in Georgia. Many unsecured loans and no payback of commisions or loans. Remember, Ga is No 1 in bank failures.

pete

October 31st, 2011
11:25 am

The Truth, is in the pudding !

Free Enterprise

October 31st, 2011
11:27 am

I’m a Georgia boy born and raised, however, I didn’t realize how backwoods it is here til I spent time in New York!

I’m shame to say Georgia really is behind in times and country as F!!!

Tom G(Independent)

October 31st, 2011
11:29 am

Steve – Your mom, Nancy Pelosi, called and said she would see you around the holidays!!

Ben the Redneck

October 31st, 2011
11:33 am

Ben, your a typical right wing redneck, uneducated and weak minded, go back to your trailer, your meth is on fire…

blazerdawg

October 31st, 2011
11:34 am

Bank failures are an issue in this state becuase we actually have community banks. Look at North Carolina – they passed multi-county banking laws back in the 70s, and by 1985 they had the same four banks on every town square in the state. Georgia had/has different banking regulations, and the result was more banks, bank failures, but also better local banking as well.

I am also Georgia born and bred, and love travelling, particulalrly to NYC, but I believe that Georgia is relatively progressive despite all of the republican/conservative versus democratic/liberal jibberish in this blog.

Archdawg

October 31st, 2011
11:36 am

Montgomery County Maryland and Loudon County Virginia are chocked full of CEO of Businesses with K-Street Connections. They’re living off the gov’t teet and doing it in style. Everything else in Maryland is pretty much a dump. Baltimore if a grimey blue collar town with terrible crime, gangs, drugs, etc… and not just the Ravens. Western Maryland has more bears than people. Annapolis is nice but the rest of Eastern Shore is more redneck than LA (lower Alabama).

frank

October 31st, 2011
11:37 am

they are moved to some other coutnry to get away from obamas oppressive tax policies

The Truth

October 31st, 2011
11:38 am

@Steve Steve’s incredibly stupid and illiterate. That’s why he can’t provide a reasonable response to my post. Steve, you can’t handle the truth, you moron!

blazerdawg

October 31st, 2011
11:39 am

“not just the Ravens” LOL!

The Truth

October 31st, 2011
11:39 am

@Pete Pete’s incredibly stupid and illiterate. That’s why he can’t provide a reasonable response to my post. Steve, you can’t handle the truth, you moron!

The Truth

October 31st, 2011
11:40 am

@Steve My apologies Steve, my post was directed at the moronic Pete. He’s not very educated, so he can’t handle the facts.

Reality

October 31st, 2011
12:01 pm

Here is an idea!!!!

Let’s give any millionaire willing to move to Georgia a free mansion and free Rolls-Royce cars and free maid service and a free chef. That’ll work! After all, the money they spend in Georgia might create jobs!

As lame of an idea as this is, isn’t that what Georgia does with businesses? It is just as lame.

Victor

October 31st, 2011
12:05 pm

@Free Enterprise – You are right. Georgia does not innovate or create very much but what they have been good at is attracting already existing companies to move here (First Data, Invesco, NCR, Home Depot (when it was formed as Home Depot). One of the biggest problems is that there seems to be an attitude here that is ok with trying to be like everyone else, “keeping up with the joneses,” so to speak. A lot of the wealth here was based on real estate and that is over.

Another thing is the schools are not that good. Tech and Emory are ranked high, but many HR people in NY and Silicon Valley stay away from these grads because they don’t have nearly as good of skills as students from Duke, Northwestern, Carnegie Mellon, Michigan, etc. The biggest complaint is a lack of critical and original thinking.

What gives?

October 31st, 2011
12:11 pm

I’m surprised Georgia isn’t on the list, considering almost everyone who comments on this blog and Wingfield’s claims to be a wealthy business owner or C-level executive.

larry

October 31st, 2011
12:16 pm

Let’s give any millionaire willing to move to Georgia a free mansion and free Rolls-Royce cars and free maid service and a free chef. That’ll work! After all, the money they spend in Georgia might create jobs!

That sounds like that tax reform package the legislature was wanting to pass last year, until it was found out that it was going to raise taxes on the majority of Georgians.

I spent $140K on a literature Degree

October 31st, 2011
12:33 pm

You can’t have a country where the rich are free to do whatever (i.e. socialize their losses but privatize their gains) or a country where innovation is stifled because the gov. wants to tax anyone making more than $1,000,000 – There has to be a medium. I don’t want my country to turn to USSR where everyone has the same housing, food, etc. or Mexico or Egypt or India where 1% live like Kings and the rest are in poverty.

Maryland Jacket

October 31st, 2011
1:21 pm

Not the part of Maryland that I was from…northern Frederick County. Frederick itself is a nice city, but the town I grew up in was one of the poorest towns on the East Coast. Per capita is around $16k.

Oh gee yeah yaaa know yup

October 31st, 2011
10:04 pm

Alaska is in the top 10? WTF?

Ex-Marylander

November 3rd, 2011
4:24 pm

Surely you all should have known that Maryland would have the most millionaires….. Where do all the lobbyists live? Maryland suburbs of DC.