Oddly, millionaires aren’t really the middle class. House’s in California routinely cost more than a million dollars. And a lot of people probably have a million dollars of retirement in one form or another. (Pensions have a value that very often tops a million). The middle class you are describing (athletes and pop stars) probably are more like 100 million or something. We just don’t have a good name for that.
Oddly, millionaires aren’t really the middle class. House’s in California routinely cost more than a million dollars. And a lot of people probably have a million dollars of retirement in one form or another. (Pensions have a value that very often tops a million). The middle class you are describing (athletes and pop stars) probably are more like 100 million or something. We just don’t have a good name for that.