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The New Elite: Inside the Minds of the Truly Wealthy
A fascinating behind-the-scenes look at America's rich that shatters the myths about how the "other half" lives.
Published September 10th 2008 by AMACOM/American Management Association
(first published August 1st 2008)
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The authors focus a lot of the book on the misconceptions the super rich "suffer" in America, and delve into the origins of their vast wealth and their habits. If you've read "the millionaire next door" then you're gonna find this book to be somewhat related.
I wasn't a big fan of the book because I was looking for insight & tips & advice on how to become wealthy & the book was thin in that area. The book is mainly worth reading if you are just interested in how wealthy live such as their lifestyle. It's thin on how to accumulate wealth.
This is very similar to Millionaire Next Door - a statistical approach to studying American wealthy. The authors extend their work to attempting to classify the survey respondents into a few buckets ranking by both amount of wealth and exhibited behavior. While Millionaire Next Door focuses more on dispelling common myths (most of truly wealthy do not have a wine cellar, while most of wine cellar owners are in the millionaire-wannabe category), The New Elite is written for the audience of people ...more