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So Money with Farnoosh Torabi · Monday, July 13, 2026

Sanchez: 60% of Millionaires Own a Business, Urges Ownership

Cody Sanchez cited statistics that 60% of millionaires own a business, and 88% of those worth over $30 million own a business, emphasizing that money equals freedom and more people should strive for ownership. She believes this path is more relevant than ever due to the speed of AI development.

personCody Sanchez

The tape

2 quotes
I just knew that if I looked at historical data, if you want to be a millionaire, 60% of millionaires own a business. If you want to be worth $30 million or more, 88% of them own a business.
Cody Sanchez
So I was just looking at the math and saying, I think money equals freedom. I think more people should be free. I think we are a happier society when more of us produce.
Cody Sanchez
Heard on So Money with Farnoosh Torabi — “2008: Make Extraordinary Wealth with Ordinary Businesses, published Monday, July 13, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Sanchez: 60% of Millionaires Own a Business, Urges Ownership — Heardvine