- Oct 6, 2008
- 125,001
- 60,456
- Thread starter
- #161
Just don't tell the race is fair if some get to start the race at the finish line.when he's old enough to share his talents, one doesn't know yet. But he has the capital to invest in any idea a friend might have and create jobs off that idea. you still don't even understand you loser. you're so lost in your hate, your head suffers.Barron Trump is probably a multi-millionaire, how many jobs has he created?he doesn't get that the guys with the mobile phones idea created soooooo many jobs for sooo many years that they'd lose their minds knowing that number. it's almost in the hundreds of million number. Amazon wouldn't exist without it.Demand creates jobs.
When people need something, and somebody else knows how to meet that need, a job exists. Billionaires don't come into that equation.
Soooo.....lots of poor folks are hiring?
Here?
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Gads, you're a dunce.
How about those guys with the cars?
It is truly astounding how you never manage to be correct.
You must be a Democrat, huh?
"Just don't tell the race is fair if some get to start the race at the finish line."
That would be the Kennedy family, you dolt.
"In the Millionaire Next Door," Stanley and Danko tell us that "most of America's millionaires are first-generation rich." They earned their money themselves. Not through inheritances or dad's teachings. "Most people who become millionaires have confidence in their own abilities. They do not spend time worrying about whether or not their parents were wealthy."
The Millionaire Next Door: The Surprising Secrets of America's Wealthy
" 80% of U. S. millionaires are first generation affluent. Contrary to popular belief, most people are not born into wealth. They earn their money the old fashioned way, they work for it."
Making money: The path to becoming a millionaire - by Terry Marsh - Helium
"The vast majority of today's millionaires did not inherit their money -- they're self-made."
Richistan
According to a study by Prince & Associates, less than 10% of today’s multi-millionaires cited “inheritance” as their source of wealth.
The Decline of Inherited Money - The Wealth Report - WSJ
The Decline of Inherited Money
Most of America's millionaires are first-generation rich. How is it possible for people from modest backgrounds to become millionaires in one generation? Why is it that so many people with similar socioeconomic backgrounds never accumulate even modest amounts of wealth?
washingtonpost.com: The Millionaire Next Door
Most of America's millionaires are first-generation rich. How is it possible for people from modest backgrounds to become millionaires in one generation? Why is it that so many people with similar socioeconomic backgrounds never accumulate even modest amounts of wealth?
Most people who become millionaires have confidence in their own abilities. They do not spend time worrying about whether or not their parents were wealthy. They do not believe that one must be born wealthy. Conversely, people of modest backgrounds who believe that only the wealthy produce millionaires are predetermined to remain non-affluent. Have you always thought that most millionaires are born with silver spoons in their mouths? If so, consider the following facts that our research uncovered about American millionaires:
* Only 19 percent receive any income or wealth of any kind from a trust fund or an estate.
* Fewer than 20 percent inherited 10 percent or more of their wealth.
* More than half never received as much as $1 in inheritance.
* Fewer than 25 percent ever received "an act of kindness" of $10,000 or more from their parents, grandparents, or other relatives.
* Ninety-one percent never received, as a gift, as much as $1 of the ownership of a family business.
* Nearly half never received any college tuition from their parents or other relatives.
* Fewer than 10 percent believe they will ever receive an inheritance in the future.
America continues to hold great prospects for those who wish to accumulate wealth in one generation. In fact, America has always been a land of opportunity for those who believe in the fluid nature of our nation's social system and economy.
More than one hundred years ago the same was true. In The American Economy, Stanley Lebergott reviews a study conducted in 1892 of the 4,047 American millionaires. He reports that 84 percent "were nouveau riche, having reached the top without the benefit of inherited wealth."
The Millionaire Next Door
Jellyfish have survived 600 million years without a brain. There’s hope for you.