Entrepreneur and professor Scott Galloway believes the path to getting “rich” is simpler than most people realize. “I define rich as the following: passive income that’s greater than your burn,” Galloway told Chris Williamson during a 2024 interview. (1) By that definition, Galloway said his multimillionaire working friends are poorer than his retired, five-figure-earning father because their expensive lifestyles outpace their seven-figure incomes. “Between his Royal Navy pension, Social Security… and ...