Masters in Business · Wednesday, September 30, 2026
Despite the Forbes 400 list receiving 50% of all news coverage on wealth, its members collectively hold only 3% of total U.S. household wealth. In contrast, Main Street millionaires, a much larger group, are worth 13 times more than the Forbes 400 combined and account for 40% of all household wealth.
“The Forbes 400 list receives 50% of all news coverage on wealth. Its members hold only 3% of total US household wealth.”
“Meanwhile, Main Street millionaires are worth 13 times more the total combined wealth of the Forbes 400 accounting for 40% of all household wealth.”
“When you think about how to get rich or the influence of the rich in America, there's just such a monopoly on attention on a very small handful of people.”