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"The Next Trillion Dollars"
The Emerging Wellness Industry
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Paul Zane Pilzer, world-renowned economist, proved himself to be way outside the box of dry economist.
In his recent book titled The Next Trillion, Pilzer identified a newly emerging "wellness" industry and predicted that wellness will occupy an additional one-seventh or "next trillion" of our economy. He stated wellness is the industry in which the fortunes of the new
millennium will be created and distribution will be where most of that wealth occurs.
He's been right before. Pilzer was an appointed economic advisor in two presidential administrations and warned of the impending $200-billion savings and loan crisis years before official Washington was willing to listen. He told this story in his book Other People's Money (Simon & Schuster, 1989) which was critically acclaimed by The New York Times, The Economist magazine, and Nobel prize winner John Kenneth Galbraith.
Background: Pilzer completed college in three years and received his MBA from Wharton in fifteen months at age 22. At age 24, he was appointed an adjunct professor at New York University where he has taught for 20 consecutive years. While employed as Citibank's youngest officer at 22 and its youngest vice-president at 25, Pilzer started several entrepreneurial businesses - earning his first $1 million before age 26 and his first $10 million before age 30.
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"The Doctor of the Future will give no medicine, but will interest his patients in the Care of the Human frame, in diet, and in the cause and prevention of disease. " ~ Thomas Edison |