Yes, that is true if you're assuming the exact same risk for both situations. The one with 100€ won't have access to investment consultants or private banking.

Yes, that is true if you're assuming the exact same risk for both situations. The one with 100€ won't have access to investment consultants or private banking. Maybe a few youtube videos. The one with 1M€ will have an accountant, private banking access and unless they found the 1M€ off the street they'll have contacts for investment tips the other person will never have. I'm not a millionaire, but I do kinda know a few who could be measured as such. I've made good money following investment tips from them. Not life-changing, but fancy vacation amounts.