The only place I hear the “rags to riches billionaire” narrative is in articles like this one, using it as a strawman to attack. Signaling that these people cam

The only place I hear the “rags to riches billionaire” narrative is in articles like this one, using it as a strawman to attack. Signaling that these people came from wealthy backgrounds is a way to dogwhistle that they are the “bad” people, worthy of scorn instead of admiration. Most people don’t care if these founders were poor or middle class or upper middle class or whatever. The fact that someone received a $100,000 loan from a family member isn’t the reason they built successful companies. It was a factor, but it’s ridiculous to suggest that it was the factor responsible for all of their success. It’s equally ridiculous to suggest that the only thing holding other people back from becoming billionaires is the lack of a loan from their parents. Startup capital is easier to come by than ever before.