WEll, if my 90% is wrong, prove it?<quoted text>
Rougie doesn't even know an apple from an orange. The point is that his 90% figure was made up. Also most "self-made" millionaires I know were sent to private schools from well off families that were not millionaires but close to it. Then when Forbes asked if they were born into wealth they say "no" and it means 86% are self-made. Bullshit. Many were born into well off families with many advantages and then their home values increased to the point that they became "self made" millionaires. Average age 61. The Nixon-Ford-Carter years and early 80s were instrumental in making them millionaires due to INFLATION. Self-made millionaire was my grandfather who came to this country with nothing and was worth a mil in the 1940s when $1M meant something.
And just because someones's parents were rich, does not mean he was handed it.
Oh, and just what is the average net worth of the Forbes 400? What would you expect the average net worth of the F-400 was thirty years ago? Yes, inflation is a factor. But we still have few millionaires now than when Obama entered the White House and that is evn with the inflation factor.