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You're really moving the goalposts. From "the heirs who own the majority of stock" to "spending $55,000+ a year on your kid's high school." Edit: Zuckerberg's
by leereeves 4y ago
You're really moving the goalposts. From "the heirs who own the majority of stock" to "spending $55,000+ a year on your kid's high school."
Edit: Zuckerberg's parents were a psychiatrist and a dentist. Well paid jobs but still jobs. I'd hardly call it generational wealth.
- malermeister 4y agoIf your parents can afford to spend 60k a year on your high school, then that is generational wealth. Do you think the child of a poor single mother trying to make ends meet is given the same opportunities?
- leereeves 4y agoIt's not as easy, certainly, but I know of several founders who grew up poor. Steve Jobs father never graduated high school and fixed cars for a living. Larry Ellison grew up in an apartment in the South Side of Chicago. Starbucks founder Howard Schultz grew up in a public housing project.