/biz/ - Business & Finance

[Anonymous No.50762848]

Are there any billionaires who are genuinely self-made and weren’t basically born into wealth?

[Anonymous No.50762891]

>>50762848
Yeah me

[Anonymous No.50762900]

>>50762891
how'd you do it anon?

[Anonymous No.50762907]

>>50762848
Me

[Anonymous No.50762911]

>>50762848
No, the best you can do starting from scratch is a small blue collar company (snow plows, land scaping, junk removal, moving, trucking, antique stores, fences, dog breeding, etc)
if you're high IQ you're probably trying to minimize your expensed and cover it through some sort of internet business.

[Anonymous No.50762912]

>>50762900
Sucked 1 billion dicks

[Anonymous No.50762921]

>>50762848
what do you call wealth?

[Anonymous No.50762923]

>>50762848
Craig S. Wright.

[Anonymous No.50762929]

>>50762848
Oprah

[Anonymous No.50762934]

>>50762848
Oprah Winfrey?

[Anonymous No.50762942]

>>50762929
>>50762934
T. Nigger lovers

[Anonymous No.50762953]

>>50762923
Fraud S. Fraud.

[Anonymous No.50762990]

>>50762848
Yes.
The vast majority of them.
https://www.cnbc.com/2019/09/26/majority-of-the-worlds-richest-people-are-self-made-says-new-report.html

>Of those folks, 67.7% were self-made, while 23.7% had a combination of inherited and self-created wealth. Only 8.5% of global high-net-worth individuals were categorized as having completely inherited their wealth.

[Anonymous No.50763074]

>>50762990
Self made as in they started from nothing or self made as in mommy and daddy were millionaires with connections in high places?

[Anonymous No.50763106]

>>50762990
>>50763074
Self made as in they received only a small loan of a million dollars, or access to one of the few mainframes in the country and the financial support to be able to invest years in learning skills with no immediate returns

[Anonymous No.50763117]

>>50762848
Yeah me

[Anonymous No.50763165]

Vitalik Moneyskelly

[Anonymous No.50763217]

>>50763074
The quote I posted explains this clearly you fucking retard.

[Anonymous No.50763242]

>>50763106
> just have a few million dollars seed bro

[Anonymous No.50763260]

>>50763217
No, it doesn't; the categories in your post refer only to inherited wealth, individuals such as Musk or Trump who didn't actually inherit anything but were only able to accomplish what they did through real financial support from their parents to get the business off the ground are lumped in as being "self-made".

[Anonymous No.50763278]

>>50763260
>individuals such as Musk or Trump who didn't actually inherit anything but were only able to accomplish what they did through real financial support from their parents to get the business off the ground
wrong
lmao holy shit read the quote again, there are 3 categories
those people would belong with:
>while 23.7% had a combination of inherited and self-created wealth

Learn to read

[Anonymous No.50763297]

JK Rowling?

[Anonymous No.50763307]

>>50762848
No

[Anonymous No.50763313]

>>50762848
Is boogie2988’s brother notch self made?

[Anonymous No.50763326]

>>50762848
None except for like CZ unironically

[Anonymous No.50763330]

>>50762848
I don't know about billions of dollars made but I know there have been some inventions that made people a lot of money. The as seen on tv devices being invented by someone is a money maker. These days such items are more often than not made up by corporations. Historically up through the 1980s and into the 1990s quite a few of these items were invented and sold by individuals. One example I know of was I met someone at a party one time who had a member of the family that came up with an idea and marketed a device that cut an onion so that it could be battered and deep fried like Outback Steakhouse's blooming onion. The dude patented it, had it manufactured and sold it late night and during soap operas in the afternoon in tv commercials. He wasn't a billionaire but he did make millions in the 1980s and into the 1990s. He was basically set for life because he came up with a kitchen gadget.

[Anonymous No.50763347]

Notch

[Anonymous No.50763348]

>>50763278
>inherited definition:
>inherited money or property has been given to someone when the previous owner died

>died

Elon Musk's parents haven't died, he has inherited nothing from them, he would be categorized as self made and not inherited wealth and yet the only reason he was able to start PayPal and become a billionaire was because his daddy owns a diamond mine

Idk if Trump inherited a significant amount from his parents but a small loan of a million dollars from his dad wouldn't count as inherited wealth either

Fucking zoomzooms

[Anonymous No.50763377]

>>50763165
sirgay fatbelly

[Anonymous No.50763386]

>>50762848
how do you define 'born into wealth'?

[Anonymous No.50763404]

>>50762848
Bezos. Rihanna. The Starbucks guy.

[Anonymous No.50763416]

>>50763386
Use common fucking sense. People above middle class.

[Anonymous No.50763425]

>>50762848
no if you have to make your first $100k then it's going to take you your youth and then you have to build a company from the ground up it's just not possible to really do in one lifetime unless you play everything flawlessly

[Anonymous No.50763430]

>>50763260
Kill yourself

[Anonymous No.50763544]

>>50763348
His dad didn't own a diamond mine, he was a property developer, and once co-owned an emerald mine, not in South Africa but in Zambia, this provided for the lavish life of his family.

[Anonymous No.50763571]

>>50763260
All parents financially support their children in their education and business endeavours, the extent depends upon how much wealth they themselves have.

[Anonymous No.50763590]

>>50762848
No

[Anonymous No.50763649]

>>50763242
Unironically turning a million or 3 into a billion is still a huge feat. That's like saying it should be simple for anyone to turn 1k into 1m

[Anonymous No.50763834]

>>50762990
This is such a fucking cucked cocksucker opinion piece it blows my mind my fellow Americans read this shit and think they are being informed.

90% of people in the fuck you money upper class is born into it. This fucking opinion piece tries to frame this shit as inheritance vs make it yourself. No mention of mommy and daddy being able to give you money to invest in shit. No mention of mommy and daddy having high quality connections due to being rich.

Just "lots of wealthy peoples parent's didn't die before they got rich" is all this article says.

What a fucking smoothbrained cocksucking moron you are bro. Just show em an article from a fucking freelance CNBC writer that'll show em!!

[Anonymous No.50763860]

>>50762848
When I look back at the most successful people in my HS graduating class, the majority of them took over their family business, or their parents were local politicians. You don't really see anybody making it from zero.

[Anonymous No.50763862]

>>50763834
What about that guy will Smith played in that one movie? Check mate commie

[Anonymous No.50764007]

>>50762848
Because some men are weak and become strong and some men are born into the strongest places and become weak. Do not underestimate the power of your birthplace to make you a millionaire, you will make it, provided you invest in vinu

[Anonymous No.50764042]

>>50762942
ID: bully

[Anonymous No.50764058]

>>50764007
Unironically almost 90% right

[Anonymous No.50764334]

>>50763834
>90% of people in the fuck you money upper class is born into it.
This is the opinion of envious retards that automatically think it MUST be true.
You don't even care about the data lmao

>What a fucking smoothbrained cocksucking moron
I bet you're a socialist bootlicker who wants the state to gain more power over your pathetic life.

[Anonymous No.50764462]

If Athletes count, then LeBron

[Anonymous No.50764480]

>>50762848
Bill and Hillary clinton

[Anonymous No.50764509]

>>50764480
LoL, Hillary has a pretty well known family

[Anonymous No.50764551]

Wayne Huizenga

[Anonymous No.50764557]

>>50764509
hey they murdered a lot of people for that money and they deserve respect

[Anonymous No.50764624]

>>50762848
Epstein