Compared to thrift, entrepreneurship is a much! flora important road to riches. Table 19-3 displays the experience of the top 100 wealth holders in 1999.~ .These data suggest that most of the richest people .in America got that Wily by taking risks and creating profitable new businesses, such as computer software’ companies, television networks, and retail chains, The people who invented new products or services or, organized the companies that brought them to market got rich on the “Schumpeter profits” from these innovations. This group of wealthy individuals includes folk heroes like Bill Gates (head of software giant Microsoft), Sam Walton (founder of Walmart),and ,Warren Buffet (investment guru).


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