These ‘everywhere millionaires’ reveal a hidden engine of American wealth

Below, Owen Zidar and Eric Zwick share five key insights from their new book, The Everywhere Millionaire: Who Is Really Rich in America and How They Got There. Owen is a professor of economics and public affairs at Princeton University. Eric is a professor of finance and economics at the University of Chicago Booth School of Business. Together, they spent more than a decade analyzing anonymized tax data to map the true shape of American wealth. What’s the Big Idea? The richest Amer...