We have found this is not the case.Īs a matter of fact, our trust officer friend spends significantly more for his suits than the typical American millionaire. They think millionaires own expensive clothes, watches, and other status artifacts. His view of millionaires is shared by most people who are not He made these comments following a focus group interview and dinner that we hosted for ten first-generation millionaires. The person who said this was a vice president of a trust department. The millionaires who look like millionaires? These people cannot be millionaires! They don't look like millionaires, they don't dress like millionaires, they don't eat like millionaires, they don't act like millionaires-they don't even have millionaire names. The Millionaire Next Door: The Surprising Secrets of American's Wealthyīy THOMAS J.
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