The most interesting discovery in income inequality is that most millionaires, multimillionaires,
and billionaires in America are first generation. They started with little or nothing and earned all
their money by themselves in one lifetime.
DOWNLOAD THE LEADING VIDEO CONFERENCING AND WEBINAR APP
In America, there is a high level of income mobility, which means you are able to move from the lower levels of income to the upper levels. Almost everyone who is in the top 20 percent today started in the bottom 20 percent. From that point, they began to do something different with their time and their lives, and as a result, they put themselves squarely onto the upward escalator of financial success.