No. of Recommendations: 2
The book:
everywheremillionaire.com: The Everywhere MillionaireArticle about the book:
The powerful millionaires hiding in plain sight
npr.org - The powerful millionaires hiding in plain sightWho is rich in America, and how did they get there?
That's the central question of an eye-opening new book, The Everywhere Millionaire, by two economists who have spent more than a decade researching the wealthiest Americans. Their answer challenges the popular narrative that America is in a new Gilded Age dominated by a small number of spectacularly rich billionaires.
Look beyond Silicon Valley. Look beyond Wall Street. There's a much larger class of wealthy Americans hiding in plain sight. They're all around the country. And, often, they got rich in mundane ways. They own car dealerships. They sell hot dogs and frozen mini-quiches. They run waxing salons. They supply fabricated metal and urinal cakes. They are dentists.At first I wondered if it is a rehash of "The Millionaire Next Door" for a new generation. But no.
These multimillionaires are central to the story of inequality and political power in America.
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" They are the protagonists, but some of them are protagonists in the same way Tony Soprano is a protagonist," Zwick says.Hmmm.
Aside: I read The Millionaire Next Door when my wife and I were first dating. I showed it to her and she read it too. We were both excited by the possibilities that neither of us had really considered - we could quite easily end up quite wealthy. Twenty-nine years later, so far so good.
