The Millionaire Next Door
In a survey conducted for (Longstreet Press; 1996), prototypical American millionaires tend to share several characteristics, including the following:
About two thirds of millionaires still working are self-employed. Three of four self-employed millionaires consider themselves entrepreneurs, while many others are self-employed professionals, such as doctors or accountants.
Most have accumulated enough wealth to live without working for over 10 years.
On average, they invest nearly 20% of the annual realized income per year. Around 79% have at least one account with a brokerage company.