Masters in Business · Wednesday, September 30, 2026
New research by Owen Zidar and Eric Zwick indicates that for every wealthy CEO, there are over 1,000 private business owners with a net worth of at least $25 million. This group of private owners, totaling over a million individuals, collectively holds significantly more wealth than top public company executives like CEOs and CFOs.
“For every wealthy CEO, there are more than 1,000 private business owners worth at least $ 25 million in net worth.”
“And we're talking about over a million of these top 1% to 0.5% business owners.”
“A million and a half people worth $ 25 million or more who are not running public companies.”