New book 'The Everywhere Millionaire' challenges assumptions about who gets rich in America
Economists Owen Zidar and Eric Zwick have published a book, The Everywhere Millionaire: Who Is Really Rich in America and How They Got There, arguing that most American millionaires are not tech founders, celebrities or Wall Street figures. The authors present five key findings about the actual sources of wealth across the country, drawing on their research into tax and income data.
GoKawiil's interpretation of the reporting above, not reported fact.
The finding could reshape popular narratives about wealth creation, suggesting that ordinary businesses and professions outside coastal tech and finance hubs play a larger role than commonly assumed. This may influence how policymakers and the public think about tax policy, economic opportunity, and where wealth actually accumulates in the US economy.
- The book challenges stereotypes that the ultra-rich are mostly tech founders or celebrities
- Authors Zidar and Zwick base claims on data-driven research into American wealth patterns
- Findings suggest wealth creation may be more geographically and professionally dispersed than assumed
The Everywhere Millionaire book — If you're curious about the hidden paths to wealth that this article touches on, this book dives deep into the real data behind who gets rich in America and how. It's a great way to explore the full research and insights beyond just the highlights shared here.
See The Everywhere Millionaire book on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: fastcompany.com, 2026-10-23
Published there as: “These ‘everywhere millionaires’ reveal a hidden engine of American wealth”
Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.