Quiet millionaires reveal how they were able to build their under-the-radar wealth: Not a question of luck
Financial influencer JC Rodriguez, who interviews “quiet millionaires” for his platform “The Frugal Rich,” joined FOX Business’ “Varney & Co.” to discuss how the secret behind their massive net worths isn’t a lottery-ticket, stock or crypto bet, but one simple strategy: consistency. Rodriguez calls them “quiet millionaires” because you’d never pick them out of a crowd.No fancy cars, no private jets, no viral flexes, just ordinary people who have quietly crossed the seven-figure mark. Varney opened the conversation by asking whether the people featured in Rodriguez’s street interview were truly millionaires, prompting Rodriguez to explain, “Yeah, so we just started going out on the streets… to show young people that… we don’t have to romanticize the wealth-building journey.
It’s not a question of luck.It’s not about getting a great inheritance… And we did find out these people were in fact millionaires just walking amongst us…”His street interviews highlight people who look more like your neighbor than the influencers typically associated with wealth on social media.
Yet behind their modest appearances are decades of steady saving, disciplined investing and a long-term mindset. One of those quiet millionaires is a company president Rodriguez stopped on the street.When asked what he does for a living, the man said, “I’m the president of a company,” and when Rodriguez asked if he was now a net-worth millionaire, he responded, “Absolutely.” He described how his investing strategy shifted over the years, “Stock market goes up and down.
When you’re younger, you can take risks, but when you get older and ready to retire, less risks and more conservative.” Varney asked Rodriguez to break down the core strategy behind these quiet millionaires’ success and he explained, “It really comes down to your behaviors with money, not so much your income… people who don’t even have an outlier salary are s...