The BIG LIE: Self-Made Billionaires

Here are three of the most well-known billionaires in the world. Elon Musk, Jeff Bezos, and Warren Buffet. You may have been convinced that they earned their fortunes by working hard and pulling themselves up by their bootstraps. Emerging out of poverty to become among the world's wealthiest people. This video is deep dive into this myth, a story that showcases how most if not all billionaires come from already established wealthy families.

[ivanmrg]

Wierd you didn't include Bill Gayts

[rodrozil]

It's easier to fool people than convince them

[TopBoardsport]

Don’t go for the money, go for life quality. But first you must define what life quality is. Living in harmony with nature is what gives your body and soul life Quality.

[johnmiller]

This video didn’t really have that much substance

[aladdingames]

Me personally you don’t need to be a billionaire to be successful in life making $900, 000 I’m making millions of dollars it’s good enough you are ready successfully for making millions of dollars or $900, 000 you can afford your dream home put that money in your dream house

[goddardpk]

Survival bias: Some hate these successful individuals because they survived or thrived. Envy is not a good emotion. The hubris of 'self-made' is not a good emotion either.

[rebel]

In any case. There were many who also had these opportunities and did nothing with it. This video is a good way to pat yourself on the back for not being successful. Why not make a video about how they actually made something out of the opportunity given to them? What about Micheal Jordan? What about Jay Z? They have all reach billionaire status and it is ALL from hard work.

[Geneiveve]

Ok, so you are trying to prove exactly what? I get it, there is NO such thing as self made wealth. First of all, every human being starts out poor. The only way a person can have what you call "privilege" is if a family member or members worked their way up the economic ladder. So yes the children of wealthy or upper middle class families do have an economic advantage due to generational wealth. But that's no fault of theirs. I do not think that they need to put that kind of information on display because it devalues their personal sense of accomplishment.

What must be understood is that nobody and I mean nobody is born wealthy unless he is an heir. That is the only way. I want to put this kind of propaganda to death now. When starting from the very beginning with absolutely nothing a human being must resort to using his own resources to create wealth. This is the god honest truth of it.

A human being who is not an heir to wealth must therefore create it from his own mind. This is what the average person refuses to acknowledge. Particularly poor or working people. It seems that poor people do not have the ability to look at the source or cause of any of the world's phenomena. I often question the intelligence of the poor and working class. ( Not all poor/ working class) I say this because they do not seem to want to learn or know anything. Everyday there are more and more false claims that are being presented as fact. When in fact, these are falsehoods. Yet the average person does not question anything.

Although Elon Musk may have come from a wealthy family and is advantaged because of this that has nothing to do with the origin of wealth itself. Wouldn't' you agree that would be a much more beneficial video for your viewers to watch? This kind of video angers people. Why do you not credit the human mind as the source of wealth? Do you realize that in order to generate wealth somebody in a poverty stricken family has to work, innovate and be self driven in order to raise the family out of poverty? What I am saying is you cannot make bold claims without going back to the rudiments of the argument. You look at effects but you don't look at the cause. Then you draw a conclusion.


You concluded that one cannot be wealthy unless he is born into it, but that is an outright lie. People who find themselves impoverished can become wealthy without being what you call privileged. They can do so by ridding their minds of this kind of propaganda that perpetuates the lie of privilege, particularly white privilege. Wealth comes from poverty just as light comes from darkness. Wealth would be non- existent without poverty. Therefore, it is entirely up to the impoverished to transcend his circumstance.

You should probably delve into the lives of the most impoverished people who lived in the U.S. pre/post industrial revolution . You should also research Madame C.J Walker. She was a black woman who wasn't far removed from slavery and she was worth millions in her day. How did she do it? People were certainly more racist and sexist in the 20th century than they are today. What family did she have to depend on for economic advantage? She had every odd in the world stacked against her yet the woman was a self made success. Please do more research because there were others both black , white and jewish who did the very same thing! They came to the U.S. with nothing and somehow, some way, created massive wealth. How did they do it? We cannot conclude that they were privileged because there were no ancestors who had accomplished this feat before them!