Myths About The Elite 1%

The “top 1%” of wealth producers in this country have been a political issue in recent years.  Studies reveal that most of us have stereotypes or false images about this endowed population.

The number of people making $10 million dollars per year has declined 55% since 2000 – a good indication that wealth does not exclude you from a bad economy.

Contrary to another popular image only 20% of the “elite 1%” came from a family of wealth.  Most rich people were not born rich, but resemble us in most ways.

Want to become rich?  33% of the “top 1%” are business owners or entrepreneurs; 16% are medical specialists; 14% are in banking; 8% are lawyers; 6% are scientists, engineers, or IT people.  Only 2% are from sports and entertainment.