Publisher Description
Discover how the superwealthy made it to the top (and you can too!)
From the richest Romans to the robber barons to today’s bankers and tech billionaires, Sam Wilkin offers Freakonomics-esque insights into what it really takes to make a fortune. These stories of larger-than-life characters, strategies, and sacrifices reveal how the wealthiest did it, usually by a passion for finding loopholes, working around bureaucratic systems, and creating obstacles to competitors.
Wealth Secrets of the One Percent gets at the heart of our feelings about the 1% of top income earners and the roughly 0.0001% who achieve billionaire status: we love to hate them, but we’d love to be them. Wilkin’s insight into the sources of wealth is thought-provoking and rigorous, and he reveals that behind almost every great fortune is a “wealth secret” — a moneymaking technique designed to defeat the forces of market competition.
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“Want to become ‘obscenely’ rich, as the subtitle of this illuminating book has it? Well, the best bet is to be born that way. The next best bet is to have a ‘wealth secret,’ the better-mousetrap sine qua non for building an empire. Economic forecaster Wilkin, head of business research at Oxford Economics, has good fun looking at how some fabulously rich people got to be that way…Eye-opening and sure to make libertarian heads explode.”
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Kirkus Reviews