Lewis Schiff, CEO of Advanced Planning Group and author of The Middle-Class Millionaire reveals original research about current American millionaires who have earned rather than inherited their wealth.
He estimates 6 million U.S. households have a self-made net worth over $1 million. The research compares attitudes, values and social contributions of the traditional middle class to those of the "middle-class millionaire."
Schiff also examines the broader societal impact this group has- The Commonwealth Club of California
Lewis Schiff is currently a Senior Managing Principal of the Advanced Planning Group, where he leads a team of private wealth experts who specialize in the needs of high-net-worth clients globally.
Schiff's most recent book, The Middle Class Millionaire: The Rise of the New Rich and How They are Changing America, written with Russ Alan Prince, chronicles the evolution of America's middle-class over the last twenty years, and at how a portion of the middle-class is pulling away from the rest by amassing significant wealth.