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No. In most cases, the answer is no. there may be millionaires who keep a million dollars in their bank account but not everyone who has net assets of 1 million dollars have it in cash. For example if someone owns a villa in Las Vegas that is worth 2 million dollars, he is still considered a millionaire but that doesn't mean he has a million bucks in his bank account.

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Q: Do people with assets of 1 Million dollars have 1 million in cash?
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