Millionaire Building $$$

 

Most millionaires make their money in unremarkable businesses such as funeral homes, bowling alleys and small manufacturing firms. And most live relatively inconspicuously.

* There are 3.5 million millionaires in the U.S.

* The average millionaire:
- is a 57-year-old married man with 3 children
- is self-employed in a practical business such as
farming, pest control or paving contracting
- works between 45 and 55 hours a week
- has a median household annual income of $131,000
- has an average net household net worth of $3.7 million
- owns a home valued at about $320,000
- is first generation affluent
- drives an older model automobile and buys rather
than leases
- attended public schools but is likely to send his children
to private schools

Interestingly, the article reports that 2/3 are self-employed, which means that over 1 million became millionaires slaving for someone else at a lousy J.O.B. Or else they somehow inherited their wealth.

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