Russians, Scottish, Hungarians

Millionaire next doorI am listening to Millionaire Next Door on my daily commute, courtesy of Sunnyvale public library, which carries a decent selection of audio books. They list a popular myth of most of the US millionaires belonging to the English descent aand Mayflower dynasty. While in fact, ranking US millionaires by ethnic origin seems to produce a list led by Russians, Scottish and Hungarians. All first generation, since, as they show later in the book, the next generations tend to squander the money.

Posted Tuesday, December 13th, 2005 under Money.

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