How the Rich Became Rich

May 08, 2023

This 9-minute podcast was released May 8, 2023, as a part of the Timely Topics podcast series.

Serdar Ozkan in the recording studio.

Serdar Ozkan is a research officer at the St. Louis Fed.

“Wealthy households, by investing mostly in their own businesses … compound their wealth at a much higher rate than the rest of the population,” says Serdar Ozkan, a research officer at the Federal Reserve Bank of St. Louis, explaining how the wealthiest people became rich. Ozkan discusses his research on wealth accumulation with Shera Dalin, a coordinator in the Bank’s External Engagement and Corporate Communications Division.

Read more about Ozkan’s research on top wealth accumulators in his Regional Economist article, “Where Do the Wealthiest Get Their Wealth?


Economists and experts talk about their research, topics in the news and issues related to the Fed. Views expressed are not necessarily those of the St. Louis Fed or the Federal Reserve System.

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