Masters in Business · Wednesday, September 23, 2026
Contrary to popular belief, significant wealth in America is not concentrated solely on the coasts or in tech and finance industries. Researchers found that 3 million 'everywhere millionaires' in the US have a net worth of at least $5 million, collectively holding more than ten times the wealth of the Forbes 400.
“I think we call it the everywhere millionaire because what we learned was that top wealth and income and just this wealth is like much more abundant and also closer to home for more people than we previously thought.”
“So we have 3 million everywhere millionaires, we say have net worth of at least $ 5 million that are private business owners. And that's just, they collectively have more than 10 times the wealth of the Forbes 400 combined. So again, just like this much broader picture of wealth than we thought we had going in.”