Alternately, if you find yourself in the situation where you were not born rich then that should influence your strategy. Apply the Kelly criterion and carefull

Alternately, if you find yourself in the situation where you were not born rich then that should influence your strategy. Apply the Kelly criterion and carefully make a number of appropriately sized bets based on your currently available capital. Don't dump 20 years of savings into anything, but carefully build up investments over time. Measuring your net worth against those born rich is a fools errand, but you can definitely make your children have a better shot against their children. True wealth is almost never built up in a single generation, despite the fairy tales about the "American Dream" that we tell our children.