Debunking Myths About Millionaires

The chapter challenges common misconceptions about millionaires, revealing that most are not young entrepreneurs but rather slow wealth builders who reach millionaire status later in life. It discusses how many millionaires come from non-wealthy backgrounds and build their fortunes through consistent effort, debunking the belief that wealth is predominantly inherited. The narrative contrasts stereotypes about the wealthy with data, showcasing that the majority of millionaires attribute their wealth to consistent saving and investing over time rather than high income or single status.