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Thomas Stanley and William Danko wrote a book entitled:
The Millionaire Next Door … The Surprising Secrets of America’s Wealthy”.
They produced a portrait of who America’s millionaires are and show that by and large these are quiet, understated, self-reliant Americans who are committed to hard work, education, and family.
Their portrait shows that eighty percent of our millionaires are first generation affluent, that less than half received not a cent of inheritance, and only 19% get any income from a trust fund or estate.

Most Americans … 80% … are not self-employed … of those that are, two thirds are our millionaires.

Seventy five percent of these self-employed millionaires are entrepreneurs, and the remaining quarter are self-employed professionals like doctors and accounts.
Sure, we have high profile billionaires in America, however most of our millionaires are the nation’s bread and butter entrepreneurs and small business owners with annual incomes near $250,000.
These are overwhelmingly self-made individuals, by a large founders and proprietors of prosaic businesses like: welding contractors, auctioneers, rice farmers, owners of mobile-home parks, pest controllers, coin and stamp dealers, paving contractors, etc.
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