Why the Rich Get Richer

There are 10 reason why the rich keep getting richer and Patrick Bet-David covers them in this episode of Valuetainment. Don't forget to share and subscribe.

About Valuetainment:

Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, best case studies and because we defend capitalism and educate entrepreneurs.

[modesto]

A wise man once said that “If you took all the wealth in the world and divided it equally amongst everyone, it would eventually fall back into the hands of the wealthy”.

[VALUETAINMENT]

The gap between the rich & the poor will get wider and wider because of the principles spoken about in this video.

[coryg]

Patrick, your struggle as a child was your competitive advantage. Struggle is a powerful motivator

[Krwler]

I can't believe this information is free

[JonathanSorunke]

"The rich pay attention to taxes while every one else doesn't"
What a quote!

[jim]

Rich people get 10%/year CAGR and let it compound, poor people pay 20% interest on their credit card, and let it compound.

[rosaredapino]

There are so many scam gurus on Youtube. All they do is just brag about themselves without even teaching the real thing about business. This is why I love your channel. You're a real deal❤

[HikeWithIke]

Nothing can beat passive compound interest

[jacobtran]

god I want to pause this video and say thank you so much for helping out the less fortunate like myself.... my family is very poor growing up and i'm sleeping on the floor as i type this. Thank you for giving back.

[rishabhvyas]

You are the best mentor david.. I really learns alot.. Thanku for those videos.. Love from India ❤️

[mjss]

the great thing about wealth is that anyone can enter the game....except those that think wealth or high levels of success are bad or selfish. Those people are their own boat anchors in life.

[rujotheone]

The difference between the rich and the poor is leverage. One has to learn how to utilise the many forms of leverage. You cannot get rich by working hard alone

[dvran]

The older i get, the more i realize that your parents play a huge role in the overall success in your life. Work ethic, love for your children, love for society; all the money in the world can’t instill these qualities in people. You might not have $783, 000 dollars, but you can still be overall successful and have a great life; where being in the 1% just enables you to have more stuff....

[ifcinvestor]

The rich buy assets that produce cashflow!

[CT-ycgd]

I dont' care about becoming a millionaire. I care about having financial stability. Which is a trial in of itself.

[csexiestfan]

Thank you so much for all that you do ...you are appreciated

[designwizard]

English is the 3rd language for me but I literally, wrote down each word that came outta his mouth and I'm gonna learn it and memorize it by heart. Thank you, Sir :)!

[markschmitz]

Complaining about the wealth gap is as futile as complaining about the "talent" gap. It's like saying "it's unfair that Michael Jordan is the best basketball player of all time". Maybe he has good genetics, but his success comes from all the years of hard work and discipline. He also had the right strategy. The same goes for anything in life, money included. The rich are getting richer because they know how to make money, while average people don't even try to understand money. Well guess what, the rich get richer and the average people stay where they are, just like Michael Jordan got better and better and average players stayed where they are. But it is simply easier for the ego to blame rich people and to say that they don't deserve the money instead of trying to model them and do what they did

[alejandror.planas]

Such a shame Switzerland was not included in your list of countries with the most rich people, because we certainly have more than 1 million people with more than 750k USD. Actually if you take into account only the working population (16+ yo) we have the highest rate of millionares in the world (7.8%), and with only active workforce (excluding the unemployed or students) being considered it rises up to 10%.

That means every 1 in 10 adults in Switzerland are millionares, that is the highest of any country, achieved by sustaining the only Laissez Faire Capitalist economy in all of Europe; Poland is catching up though.

[masterthemindsetmiggz]

Your research, statistics, numbers, names, and studies you express in these videos you make is unbelievable! I love how you deliver it all!! Much love ❤️ PBD!!!