It’s true, ownerhsip comes with reponsiblity. Think about houses. As a homeowner, all of sudden there’s a lot more to worry about than decorating. Insurance, lawn care and liability are just a few of the less glamorous things that come to mind. But when it comes to building a fortune, well, it pays to own. In fact, ownership is more consistently linked to significant money than any other source of wealth.
In a survey of people with an average net worth of $89 million and an average annual income of $9 million, 76% of them attributed their wealth to owning (or having previously owned) all or part of a business. By contrast, just 16% amassed their fortunes by working for a company, about 6% characterized their money as celebrity wealth and just 3% inherited it. There are, of course, a few other ways to get rich—say, the lottery or an illicit enterprise—but none that are as reliable as having equity in something that can be monetized.