Why I Love the Rich

| January 31, 2010

For most of my career, I have dealt with the rich. I’ve created publications for, written books about, and penned countless articles for magazines about the rich and powerful. I have written The Richest Man in Town where I interviewed the richest man or woman in town in 100 American cities to determine the shared […]

The Salary Trap

| July 21, 2009

A stable salary can be addictive: like a drug, it feels good, helps you cope with the ups and downs of life, and it is near impossible to give up. But dependence on a salary is a major impediment to becoming the richest person in town. The regular fix of a paycheck from the other guy makes you risk-averse, and the ability to take risks is one of the qualities that defines an RMIT. It certainly defines Jon Huntsman, Salt Lake City’s richest man. His rags-to-riches trajectory is not uncommon among RMITs—in fact, growing up without advantages can be a huge advantage.