Wealth inflation skyrockets

Wealth’s real power isn’t status; it’s space – the margin to choose, to make, to imagine and to follow what truly matters.

Greg Maresca , Bio and Archives--June 21, 2026

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There was a time when the word millionaire carried an almost mythic weight. In 1973, when George Steinbrenner bought the New York Yankees for $10 million it was an incredible sum to a paper boy and his buddies whose only millionaire they knew was Bruce Wayne and he was a comic book character.

The millionaire has become middle class mythology

Millionaires were rare, unknown and unquestionably elite.

The financial landscape has shifted so dramatically that millionaire barely registers anymore. Today, they are the folks in those retirement commercials asking if you have saved “your first million” like it’s one of life’s routine benchmarks.

The millionaire has become middle class mythology.

The Federal Reserve’s Survey of Consumer Finances says 9.4% of Americans are millionaires thanks largely to home values, decades of........

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