The Billionaire Next Door
A while back a popular book was published entitled The Millionaire Next door. The theme was that of the typical frugality and low profile that made up many of this country’s self-made millionaires: people who built their wealth on hard work, decency, good values, and no ostentation. This backbone of the American dream didn’t live in penthouses off 5th Avenue nor in the mansions of Malibu. Last week I had the pleasure of seeing one of these success stories at close hand during a trip to Minnesota for a business briefing with local economists, politicians and businessmen.