Well, millionaires of the world, your club has become a bit less elite. The number of millionaires across the globe rose by an astounding 17% in 2009, according to the 14th annual "World Wealth Report" published by Merrill Lynch and Capgemini SA. That's a lot of wealth in a time of global economic crisis.

But first, what defines a millionaire? No, having a baseball-card collection that might fetch that kind of a price tag doesn't count (unfortunately). The way the Merrill study defines it is those households with at least $1 million in investable assets, not including primary residences. There are now 10 million of these households in the world, up from 8.6 million in 2008.

The past two years have certainly been tough -- even for the wealthy. We've seen turbulent markets, the crashing of major institutions, loss of confidence on Wall Street and a grueling recession. So what is the sentiment now?

Bank of America Merrill Lynch (BAC) has released its latest quarterly survey, called Affluent Insights. This is based on phone calls between December 1st to 16th last year and involved a sample of 1,000 affluent Americans (defined as those with investable assets over $250,000).

The New York Times reports that the rich are suffering. Since last August when the subprime collapse surfaced, rich Wall Streeters have seen their net worths plummet. And they're eating more to handle the stress of losing their jobs. The evidence is clear to their personal trainers who see them step on the scale and read their eating journals.

One has seen his net worth fall to $8 million from more than $20 million, and he thinks that his wife will leave him. He has borrowed money to keep up with his wife's appetite for extravagant clothes and vacations. People are selling million dollar jewel collections that they never wear -- and they keep driving their Bentleys -- so that their friends won't notice.

But the weight gain is the worst. One Wall Street executive snacks on nuts in her office all day to manage the stress of potentially losing her position, while another confesses to inhaling four bowls of cereal at 10 p.m. The Times quotes a dietitian as saying: "The number one concern that they have is the state of the financial market. There definitely is a correlation between the stock market and weight gain."

Pity the poor Chinese; pockets full of cash, but saddled with a government that frowns on overt displays of wealth as injurious to social harmony. How are their magnates to claim their rightful place on the world tycoon runway if they can't build their own palaces?

After all, the size of one's estate has always been the best gauge of one's moral worth. Obviously, Mukesh Ambani of India agrees, as evidenced by his plan to build the first private $1 billion home.

Luckily, we live in a country that understands the need for excess. Forbes recently did a survey of the most expensive homes in the world. The top home in the U.S. was the 56,000 square-foot Hala Ranch, a $135 million hovel in Aspen. Imagine trying to live in a place with only 15 bedrooms and 16 baths! Those with more modest tastes might appreciate Tranquility, a $100 million home in Lake Tahoe (at least, I think it's still there; how worried would you be about forest fires if you owned this place?).

I like millionaires, I always have and I always will. A report by TNS research has revealed that American millionaire households have increased in number over the last four consecutive years to an astonishing 9.3 million, give or take a few. That's an awful lot of millionaires if you ask me. What does the climbing head count among the well-to-do mean to Joe Average? Well, if you can get beyond the jealousy and resentment long enough to see the forest through the trees, you'll find that it means a lot to us.

Millionaires tend to move a lot of money, which is the life blood of our economy. They buy large homes and furnish them with expensive decor. They own nice cars, often several, give them the best of care, and house them in well-lit, heated garages. Millionaires buy into businesses in pursuit of growing their fortunes. They invest in speculative business ventures and back inventors with good (and not so good) ideas. Millionaires hire people to assist in the routine and mundane tasks in life. Cleaning the pool, cutting the lawn and shopping for groceries are a few of the tasks that can be delegated by throwing a few dollars at them. Millionaires can throw those dollars around and they tend to do just that. "There's more where that came from," chuckle, chuckle, snort. Of course some of the wealthy tend to be very tight-fisted but they're generally easy to pick out. They live lonely lives in snobbish repose, worried that the world shall snatch an extra dollar from them.

If you want to find out where the millionaires are, this CNN Money report is a fine place to get started. It lists the top ten counties where millionaires reside. Note that it's a bit California-heavy. Some other states with counties that boast the highest number of millionaires across the country include Illinois, Arizona, Texas, New York and Florida. The list goes on and reveals the fact that more Americans have become dollar-savvy. But what does this mean, bottom line, for our country? In some ways it depends on your perspective. Some folks will tell you that it's an indication that the wealth gap has widened. I laugh at that assertion and claim instead that it means our horizons of opportunity have broadened. I also believe that it's a culmination effect of our maturing 1960's baby boom. There are an awful lot of people out there who have striven long and hard to prove that the American Dream has been more than an unsubstantiated stance on manifest destiny. Today's millionaires are the result of prolonged and intense focus on the principles of true success. This stuff doesn't just happen by itself.

So, please don't be tempted to give into feelings of unfairness. Don't waste your time wondering, "Why them and not me?" Some times it's a simple flip of the cards that determines the outcomes of success, but most often, it's the result of blood-and-guts determination. Let the climbing number of millionaires serve as inspiration to you. Realize that financial security is still well within your grasp. Then, learn their ways, associate with them when you can and truly believe that success knows no boundaries of background, gender, race or class. Roll up your sleeves, pull down your cap and get yourself to the business of leaving self pity for the next guy. You have no time to feel sorry for yourself when you're busy staking out your spot on next years millionaire list.

Oh, and about that money you spend on lottery tickets... a passbook account gives better returns by far.

Writing for Slate magazine, Daniel Gross has a history of making sweeping generalizations based on the fortunes of the latte. This week, he's analyzing the same reports we agonized over last week: that Starbucks same-store sales were falling, because (Howard Schulz said) customers were tired of waiting in line for frappuccinos. Gross' theory is an interesting one, and he has charts to back it up: he says that Starbucks, like Whole Foods, P.F. Chang's, and Williams-Sonoma, are going through a trough thanks to the decline in the "ability and willingness" of high-income consumers to pay top dollar for a venti coconut latte; organic, farm-raised salmon; $8 lettuce wraps; and an Emile Henry pie plate in a different color for every holiday meal.

Instead, he says, these consumers are trading down to Burger King (and, one would imagine, Dunkin Donuts for coffee; Trader Joe's for slabs of frozen salmon; and Dollar General for 2/$1 pie plates). Of course, I can make charts, too, and when I add DG (Dollar General) and BKC (Burger King) to the mix, I discover that their boats are falling with the same tide that's bringing down the luxe choices. It's harder to sell things to the poor, too!

Gross' theory is this: "the cost of living well is rising more rapidly than the overall cost of living." My theory is more like, "people are getting cheaper, and that goes for all of y'all."