> It's already well known that the richest of the 1% did not get there purely through a high wage/salary. This talks about the 1%, not the few super rich, whic

> It's already well known that the richest of the 1% did not get there purely through a high wage/salary. This talks about the 1%, not the few super rich, which is less than 1 out of 100. It's confusing because often when people say "the 1%" they actually mean multi-millionaires; which is less than 1%. Most 1%'ers are elite professionals. And this articles argues they make more money because of regulation that creates barriers to competition. The super rich multi-millionaires and billionaires is a different story.