Posted: Dec 14, 2011 11:10 am
Lance wrote:To IWS
I am a bit influenced by an American book "The Millionaire Next Door" which I read a few years back. According to this, most millionaires are not very noticeable - thus explaining the book title. The biggest source of millionairehood in the USA at that time was drycleaning businesses. This would suggest that starting and running a business is, indeed, the main source of people becoming rich.
I'm just going off an article I read this year that suggested that most millionaires in the UK became millionaires after clever or lucky investment, and that those who earned it by starting a company were in the minority.