What's interesting about this is that it barely scratches the surface.
Assets and money are just some of the things that people inherit from their parents. Many people inherit their entire careers from their parents through social connections - These people would probably be classified as 'self made' which makes the statistics seem more benign than they actually are.
I bet if you counted out all those people who were raised with a silver spoon, the percentage of real 'self made' people would probably be less than 1%.
Assets and money are just some of the things that people inherit from their parents. Many people inherit their entire careers from their parents through social connections - These people would probably be classified as 'self made' which makes the statistics seem more benign than they actually are.
I bet if you counted out all those people who were raised with a silver spoon, the percentage of real 'self made' people would probably be less than 1%.