America is seeing a rise in millionaires, with the average U.S. household now being worth a million dollars. However, the median household net worth is more modest at $192,700, with around 18% of Americans being millionaires. Many of these new millionaires inherit their wealth or enter high-wage fields such as medicine or law.
USA TODAY sought out self-made millionaires who built their fortunes from scratch, without inherited wealth or prestigious degrees. An example is Anuar Garcia, who started GreenTek Solutions with just $5,000 and turned it into a $40 million business through hard work and smart business decisions.
Another example is Greg Clement, who left a career in financial planning to flip houses during the housing bubble of the mid-2000s. Realizing the potential of real estate, he scaled his business to handle multiple projects at once, eventually launching a software platform and a wellness community.
Both Garcia and Clement attribute their success to hard work, discipline, and the willingness to adapt. They started with limited resources and overcame challenges to build multi-million-dollar businesses. These stories serve as inspiration for aspiring entrepreneurs with a drive to achieve financial success through determination and innovation.
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