The Resurgence Of The Middle-Class Millionaire

In the late 20th century, a segment of the high-net-worth population, referred to as middle-class millionaires, emerged. They were the “working rich.” With a net worth generally ranging between $1 million and $10 million, they were raised in traditional middle class homes and adopted what can loosely be described as middle-class values. Very importantly, in spite of their wealth, they defined themselves as middle-class.