How to Make it to $1 Million
The balance of our coverage provides a snapshot of who America's millionaires are, where they live, and how they built their wealth. Nearly two decades ago, these five families were featured in MONEY as "millionaires in the making"—households that were well on their way to a seven- figure net worth excluding the value of their primary residences. Rhone in MONEY’s August 2000 issue, when he was still a “Millionaire In The Making.” That was starting in 2000, around the time the dotcom stock bubble began to burst. Yet despite running into one of the worst bear markets in history—which was followed soon after by the global financial panic , the worst economic crisis since the Great Depression—these families still managed to achieve their goals. How did they accomplish this? Some did it by living frugally and saving aggressively so that when the bad times hit, they had enough of a cushion. Others proved to be resilient in the face of setbacks, staying the course with the...