One of my favorite jokes is the answer to the question: “What’s the fastest way to make a million dollars?” Answer: “Start with $10M and buy a winery….” There may only be two wineries in the great state of Hawaii, but we have “plenny” Millionaires!
You don’t need a million dollars to enjoy this view from MLS# 237905!
The 50th â€” and I would argue best â€” state in the nation has for the third year in a row won the distinction of most millionaires per capita. While some may say, “That’s because you can’t afford to live in Hawaii unless you have a million dollars,” the truth is far, far from that, as just under 7% of the population falls into the millionaire category. According to the story in the Star Advertiser, it’s because we have a “large concentration of highly educated professionals and business owners which are key ingredients to growing wealth.” Of course, having a large concentration of some of the most expensive luxury property in the world doesn’t hurt either.
I happen to believe that Hawaii is a state that will continue to create more millionaires every year as we lead the country in our commitment to sustainable building and decreasing our dependence on foreign oil. Check out this video from one of our state’s most influential Congresswomen, Mazie Hirono:
I can guess from what industry our future millionaires will be born. Can you?