Word: spectrem
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Dates: during 2001-2001
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...sushi bar, proffering exclusive riding clubs in the West or 400-year-old farmhouses in Italy. The minimum net worth for the World's condo buyers is $5 million, an elite group that marketers call "penta-millionaires." The niche might seem rarefied, but data issued in February by the Spectrem Group estimate that the U.S. has 531,000 such households, with an average net worth closer to $10 million...