net worth of over 1 million?

[Tajinder Kandola]

 Are you considered a Millionaire if you have a net worth of over 1 million? say if you make maybe 100,000 a year but if you have a sizable Real Estate Portfolio that assessed over Million dollars? 

[James Triano]

@Tajinder Kandola

Millionaire status is definitely not income related.  If you're interested there is a fantastic book called "The Millionaire Next Door" which you should check out if you'd like to learn more about millionaires and high earners.  The two are definitely not correlated.  

Have to agree with @Abdul Azeez as I'm finding this first million is the hardest to get to - from there, compound interest carries you away.  It's the most powerful tool out there and why the "rich keep getting richer".