America’s millionaires are bouncing back. The number of U.S. households with a net worth of $1 million or more, not including their primary residence, grew 16% to 7.8 million in 2009, up from 6.7 million the year before, Spectrem Group’s “Affluent Market Insights 2010” report shows. In 2008, the millionaire population declined 27%.

Similarly, the number of ultra-high-net-worth households, that is, pentamillionaires with a net worth of $5 million or more, advanced 17% to 980,000.

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