Money

How these Americans made millions out of nothing


Making millions of dollars with a fleet of ice cream trucks, or an eBay business, or a family roofing company, feels like fulfillment of the American Dream. 

America seems to have more millionaires than ever. Indeed, the average U.S. household is now worth a million dollars, according to the federal Survey of Consumer Finances for 2022. Household wealth grew at a record pace in the pandemic, fed by surging home values and rising stock ownership.

Not quite a millionaire yet? Don’t despair. The super-rich skew the average. The median American household – imagine the middle figure on a long list of numbers – is worth a more modest $192,700. Roughly 18% of Americans, about 24 million households, are worth a million dollars, according to a Motley Fool analysis



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