HDRider
Well-known member
Three out of four millionaires (75%) said that regular, consistent investing over a long period of time is the reason for their success.
Despite what society might believe, only a small number of wealthy people inherited their money. The overwhelming majority (79%) of millionaires in the U.S. did not receive any inheritance at all from their parents or other family members. While one in five millionaires (21%) received some inheritance, only 3% received an inheritance of $1 million or more.
15% of millionaires were in senior leadership roles, such as vice president or C-suite roles (CEO, CFO, COO, etc.).
Only 31% averaged $100,000 a year over the course of their career, and one-third never made six figures in any single working year of their career.
Eighty-eight percent (88%) of millionaires graduated from college, compared to 33% of the general population. And over half (52%) of the millionaires in the study earned a master's or doctoral degree, compared to 12% of the general population.
Despite what society might believe, only a small number of wealthy people inherited their money. The overwhelming majority (79%) of millionaires in the U.S. did not receive any inheritance at all from their parents or other family members. While one in five millionaires (21%) received some inheritance, only 3% received an inheritance of $1 million or more.
15% of millionaires were in senior leadership roles, such as vice president or C-suite roles (CEO, CFO, COO, etc.).
Only 31% averaged $100,000 a year over the course of their career, and one-third never made six figures in any single working year of their career.
Eighty-eight percent (88%) of millionaires graduated from college, compared to 33% of the general population. And over half (52%) of the millionaires in the study earned a master's or doctoral degree, compared to 12% of the general population.