That really depends on how you define middle class. I can easily see how someone with a net worth of 100m being considered middle class compared to billionaires.
Also, that was 14 years ago.
Unless we are claiming the middle classes live on inherited wealth, I'm not sure the distinction is meaningful?
> Also, that was 14 years ago.
Indeed. In that time the $250k+ club has gone from 2% to 10% of American households, so Mitt Romney might have to consider ~$350k middle-income now
For a slightly more grounded perspective, Pew Research currently maintains that the middle income figure is between $60k-160k