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    Artwork for Planet Money
    Episode

    Middlegarchs are the new Oligarchs

    Planet Money · Sep 25, 2026 · 31 min
    Episode page

    Wanna know who is really in the top 1%? And how they use their influence? It may not be who you think. Look beyond Silicon Valley. Look beyond Wall Street. Look beyond the “oligarchs”. There's a much larger class of wealthy Americans hiding in plain sight. And, often, they got rich in mundane ways. They own car dealerships. They sell hot dogs and frozen mini-quiches. They run waxing salons. They…

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