Entrepreneurs are four times less likely to be millionaires than employees.

• A. True
• B. False
• C. Not sure
• D. Depends

Answer: (B)

A key idea here is how wealth is built through ownership. Owning a business gives you equity—a slice of the company’s value—which can grow enormously if the business succeeds. That potential upside means entrepreneurs can reach millionaire status, sometimes quickly, even though many ventures fail. Because of this equity-based upside, the claim that entrepreneurs are four times less likely to be millionaires compared with employees isn’t accurate. In reality, a notable share of millionaires come from business ownership, not traditional employee roles. So the statement is false. The other options aren’t a good fit because the situation isn’t simply uncertain or context-dependent; the general pattern is that entrepreneurship can provide greater wealth upside than being an employee, despite higher risk.