Not entirely, but my point is that these types of click-bait nonsense about, “oh, these rich business school kids don’t know what a truck driver earns!!11” are just hot garbage.
The difference is cash flow versus investment value. If you have enough money, you can live off your dividend and interest income and never have to cash out anything. That insulates you from market fluctuations. The right selection of investments means you can do better than 2% return. I am.
Anyhow millionaire has more of a symbolic value than an actual one. I remember that as a kid the end of the Game of Life was Millionaire acres, with a die cut mansion. Much nicer than million dollar houses where I live.