The United States’ richest-of-the-rich taxpayers are raking in $1.7 million or more annually according to The Atlantic, but what do they do for a living? When you include capital gains (profits from the sale of investments), the breakdown looks like this according to a 2012 paper published by Williams College :
- 41%* are executives, managers, or supervisors of non-finance related business.
- 18% are financial professionals.
- 6% don’t work.
- 6% are lawyers.
- 5% are in real estate.
- 4% are in medicine.
- 4% are entrepreneurs.
- 3% are in computers, math, engineering, or technical fields.
- 3% are in arts, media, or sports.
- 2% are in non-financial business operations.
- 2% are in skilled sales.
- 1% are professors or scientists.
- 1% are farmers and ranchers.
*numbers rounded to nearest %.