Researchers have been complaining for decades that there is a social group that we know far too little about, namely “the rich”. Unlike poverty research, wealth research is still in its beginnings.
Let me say a few words about the method of my study about “The Wealth Elite”: In absolute terms, the number of individuals with net assets in at least the tens and hundreds of millions is so small that standardized approaches with quantitative methods were out of the question for this study.
I selected a qualitative approach for my study, namely guided interviews. I developed a framework of questions...