The Millionaire Next Door

The Wall Street Journal

America: Where Millionaires are Self Made

Recently a fellow asked me about my impressions of French economist Thomas Piketty’s new book, Capital in the Twenty-first Century.  I have not read the book, but I’ve read comments about it including a recent interview with the author.  He postulates the existence and forecasts the growth of inequality in terms of the concentration of wealth and income. In …

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College Ranking Not Among Millionaires’ Key Success Factors

The national survey which served as the base for The Millionaire Mind represented a fraction of the top 1% of the wealth holders in America.  Some of the myths about these people are that they were all straight A students, scored at the top on the SAT, attended elite private schools, etc.  The average SAT score for the sample was 1190.  Their …

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