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Going from the top, Jeff Bezos himself and Warren Buffet both grew up in middle class environments. Bezos worked at McDonalds as a short order cook while Buffet
by nodesocket 8y ago
Going from the top, Jeff Bezos himself and Warren Buffet both grew up in middle class environments. Bezos worked at McDonalds as a short order cook while Buffett while young was notoriously hard working and frugal. Buffett would take his paper route earnings (mere dollars) and invest in stocks.
Anyway, I don't have the resources and time to go through the entire Forbes list, but I suspect there are a lot more people than most would believe and perhaps like to acknowledge from middle class or "lower" class environments.
- yourbandsucks 8y agoDo I really need to explain anecdotes vs data? Income is a strongly inherited trait. Look at this absurdly linear plot in section 2: https://www.brookings.edu/blog/social-mobility-memos/2018/01/11/raj-chetty-in-14-charts-big-findings-on-opportunity-and-mobility-we-should-know/ https://www.brookings.edu/blog/social-mobility-memos/2018/01... The only deviations from pure correlation are that the extremely poor and rich are EVEN MORE likely to be extremely poor or rich.