The everywhere millionaire: who is really rich in America and how they got there
Tue 02 Jun
|LSE Old Building
Hosted by the Centre for the Analysis of Taxation and the International Inequalities Institute
Time & Location
02 Jun 2026, 18:30 – 20:00
LSE Old Building, Houghton St, London WC2A 2AE, UK
About the event
The story of wealth in America isn’t just about Wall Street or Silicon Valley—it’s also about the quiet fortunes of Main Street business owners, whose growing economic and political power often escapes the spotlight. For every public company CEO, more than a thousand private business owners hold now transformational wealth. These fortunes have been supercharged by changes to the taxation of business profits in past decades and are quietly rewriting the rules of money and power. Eric Zwick will discuss his forthcoming book The Everywhere Millionaire, co-authored with Owen Zidar.
Drawing on novel data and a decade of research, this work sheds light on a class of Americans who have built staggering fortunes in everyday trades whilst largely passing under the radar. He will reveal where “Main Street Millionaires” come from, how they’ve become rich, and how much they make. He will also highlight the increasing power they hold over…