# The 90% Real Estate Millionaire Claim? Pure Fiction
You've probably heard it a million times: "90% of millionaires made their fortune in real estate." Sounds convincing, right? Here's the problem—the data completely destroys this narrative.
Let's break it down:
**The Numbers Don't Add Up**
- US has ~23M millionaires (6.7% of population)
- Only 66% of Americans own homes
- Of those, just 8.2% are valued over $1M
- Only 5% of Americans own multiple properties
Even if we *gifted* all million-dollar homes to their owners, that's just 5.3% of the population. Nowhere close to 90%.
**So Where Do M
You've probably heard it a million times: "90% of millionaires made their fortune in real estate." Sounds convincing, right? Here's the problem—the data completely destroys this narrative.
Let's break it down:
**The Numbers Don't Add Up**
- US has ~23M millionaires (6.7% of population)
- Only 66% of Americans own homes
- Of those, just 8.2% are valued over $1M
- Only 5% of Americans own multiple properties
Even if we *gifted* all million-dollar homes to their owners, that's just 5.3% of the population. Nowhere close to 90%.
**So Where Do M

