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Let me guess, they inherited small 40m fortunes, and the thirtyfold total return of the stock+property market since the eighties made them billionaires?
by MagnumOpus 5y ago
Let me guess, they inherited small 40m fortunes, and the thirtyfold total return of the stock+property market since the eighties made them billionaires?
- refurb 5y agoNope. These people started successful businesses.
- bradlys 5y agoI think there is a difference between starting a small business with a “small loan of a million dollars” and starting from truly nothing. Even people like Warren Buffett had a congressman for a father - which has quite a bit of privilege with it that can get you places.