Be a Millionaire Day is observed every year on May 20. Having one million dollars in your bank account is still a major financial success, isn’t it? The term “millionaire” first appeared in the English language in a letter written by Lord Byron in 1816. There were only a few millionaires at the time, but thanks to the Industrial Revolution, more millionaires were created outside of the aristocracy.
Today there are more than 12 million millionaires scattered around the globe.
The first multi-millionaire in the United States was John Jacob Astor (1763 – 1848). Astor made his fortune in trade and later established the first trust in American history. His great-grandson, John Jacob Astor IV, was the wealthiest person aboard the Titanic.
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There are many different ways to celebrate be a Millionaire Day. Invest money in a savings account or stock portfolio, or purchase a lottery ticket to try your luck.
