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How Millionaires Live

How Millionaires Live

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How Millionaires Live
How Millionaires Live
  • Inheritance: The Transfer of Wealth Between Generations
    Family & Generations

    Inheritance: The Transfer of Wealth Between Generations

    ByLogan Pierce May 26, 2026October 1, 2026

    How wealth actually moves between generations in 2026 — the $15M exemption, the step-up in basis, lifetime gifts, dynasty trusts, and the talk-to-the-heirs problem.

    Read More Inheritance: The Transfer of Wealth Between GenerationsContinue

  • Divorce: What Happens When Wealth Splits
    Family & Generations

    Divorce: What Happens When Wealth Splits

    ByLogan Pierce May 25, 2026August 6, 2026

    About 49% of billionaire marriages end in divorce. What that statistic hides — and why MacKenzie Scott took 25% of Jeff Bezos’s Amazon stake, not the 50% Washington law would have allowed.

    Read More Divorce: What Happens When Wealth SplitsContinue

  • Marriage and Prenups: Romance, Power, and Protection
    Family & Generations

    Marriage and Prenups: Romance, Power, and Protection

    ByLogan Pierce May 24, 2026August 6, 2026

    About 80% of $1M+ households sign a prenup, vs. ~15–20% of the general public. What that contract actually does — and the two things doing more work behind it.

    Read More Marriage and Prenups: Romance, Power, and ProtectionContinue

  • College Admissions: How Wealth Expands the Playing Field
    Family & Generations

    College Admissions: How Wealth Expands the Playing Field

    ByLogan Pierce May 23, 2026August 6, 2026

    Operation Varsity Blues closed the criminal back door to top-tier college admissions. The legal version — bigger, quieter, and post-SFFA still intact — did not move.

    Read More College Admissions: How Wealth Expands the Playing FieldContinue

  • Children: How Wealth Shapes Upbringing and Opportunity
    Family & Generations

    Children: How Wealth Shapes Upbringing and Opportunity

    ByLogan Pierce May 22, 2026August 6, 2026

    Wealthy parents spend $70K a year on a Manhattan kindergarten and $500K on a college consultant. The genuine risks to their children are not what most of them are buying against.

    Read More Children: How Wealth Shapes Upbringing and OpportunityContinue

  • Chefs, Nannies, and Household Help: The Labor Behind Affluent Life
    Time, Body & Mind

    Chefs, Nannies, and Household Help: The Labor Behind Affluent Life

    ByLogan Pierce May 22, 2026August 6, 2026

    About 2.2 million people work in private homes in the US. At the top, household help is a six-figure profession; at the bottom, a workforce the FLSA only partially covers.

    Read More Chefs, Nannies, and Household Help: The Labor Behind Affluent LifeContinue

  • Longevity: How the Wealthy Spend on Healthspan
    Time, Body & Mind

    Longevity: How the Wealthy Spend on Healthspan

    ByLogan Pierce May 21, 2026August 6, 2026

    The wealthy spend $1,500 to $2 million a year on longevity. The gap is real. The healthspan gap is not. Here’s what each tier actually buys.

    Read More Longevity: How the Wealthy Spend on HealthspanContinue

  • Family Office: How the Very Rich Organize Their Lives and Money
    Money & Structures

    Family Office: How the Very Rich Organize Their Lives and Money

    ByLogan Pierce May 20, 2026August 6, 2026

    There are about 8,030 single family offices in the world — private companies that run one family’s money, taxes, household, and philanthropy. Inside how they work.

    Read More Family Office: How the Very Rich Organize Their Lives and MoneyContinue

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The Millionaire Glossary

Plain-language definitions of the terms that structure wealthy life — sourced, numerate, and dated.

  • Buy, borrow, die
  • Carried interest
  • QSBS
  • Step-up in basis
  • Accredited investor

Browse all terms →

The Numbers: the Forbes 400, 1982–2025 →

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Recent Posts

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  • The Job That Sees It: The Trusts and Estates Lawyer
  • The Everywhere Millionaires: The 3 Million Business Owners Who Out-Rank the Forbes 400
  • The Class Of: The Y Combinator Summer 2007 Batch
  • The Million Dollar Question: How much of his Oracle stake has Larry Ellison pledged against loans?

Recent Comments

  1. Trusts and Estates Lawyer: Fees, Clients, and Family Secrets | How Millionaires Live on Legacy: Inheritance, Heirs, and Family Continuity
  2. Trusts and Estates Lawyer: Fees, Clients, and Family Secrets | How Millionaires Live on One Fortune, Explained: The Waltons
  3. Trusts and Estates Lawyer: Fees, Clients, and Family Secrets | How Millionaires Live on Taxes: How Wealth Is Structured and Preserved
  4. Trusts and Estates Lawyer: Fees, Clients, and Family Secrets | How Millionaires Live on The Job That Sees It: The Estate Manager
  5. Y Combinator Summer 2007: What Happened to All 19 | How Millionaires Live on Venture Capital: The Culture of Tech Money
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