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Cover of The Millionaire Mind by Thomas J. Stanley

The Millionaire Mind

  • 416 pages · about 7 hours
  • First published 2000
  • 10 editions

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1 About this book

The Millionaire Mind is a book by American finance professor Thomas J. Stanley published in 2000.

A follow-up to his earlier The Millionaire Next Door, Stanley draws upon research of North America's affluent to examine the ideas, beliefs and practices of the segment of the financial elite. His findings are contrary to common belief, noting for example that high-wealth Americans typically use little or no consumer credit and tend to avoid conspicuous consumption of high-cost or high-status items. While The Millionaire Next Door focused on those with a net worth of at least US$1 million, The Millionaire Mind emphasizes those with a net worth of at least US$10 million.

The book debuted at #2 on the New York Times Bestseller list on February 18, 2000 and received press and reviews from Fred Barnes, Katie Couric and Donald Trump.

Summary adapted from Wikipedia (CC BY-SA 4.0)

  • Psychology
  • Rich people
  • Success in business
  • Capitalists and financiers
  • Millionaires
  • Wealth
  • Social Conditions United States
  • Success

2 About Thomas J. Stanley

1944–2015

Thomas J. Stanley (1944 – February 28, 2015) was an American writer and business theorist. He was the author and co-author of several award-winning books on America's wealthy, including the New York Times’ best sellers The Millionaire Next Door and The Millionaire Mind. He served as chief advisor to Data Points, a company founded based on his research and data. He received a doctorate in business administration from the University of Georgia.

Bio adapted from Wikipedia (CC BY-SA 4.0)

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