Why Staying Rich Is Harder Than Getting Rich

There’s a myth that if you're born at the top, you’ll stay at the top.

But the truth?
60% of people born into wealth don’t stay there.

It’s called the persistence rate.
And it's surprisingly low.

So what does that mean for the next generation?

It means we can’t take anything for granted.
It means affluence isn’t guaranteed — not even for the wealthy.

But it also means opportunity is there for everyone,
especially in this new era of technology and innovation.

The goal?
Widespread affluence.

Not for a few — but for all.
And we need the right people to want to build that future here.

#technology #wealth #future #economy #opportunity

[alexhughes]

40% chance of being rich is bloody good odds. Compared to the average person.

[richardbell]

So they have a 40% chance to stay in the top..whereas its more like o.oo1% for everyone else...

[caiocesamo]

What is "the top" and where they "fall to"?

[laverdad_tehaceLibre]

Yes thank You for sharing positive mentality 💯💯💯

[Gomcio]

Ill rather have 60% chance to drop than 0.2% for going to the top

[johantolli]

Yeah i can believe that 60% of rich spoiled kids dont respect where daddys money comes from and waste their inheritance.

[deifiedtitan]

What’s the odds on someone born outside of that bracket getting in? I’d wager it’s lower than 60%.

I don’t know why “rich kids don’t stay rich” would be any sort of argument against anything other than saying the majority of the affluent can’t manage funds or work. People know that already, they lived through 2008, they’re alive right now. An extremely small minority hoard wealth, if multimillionaires can’t compete then why be on the side of billionaires rather than the people your kids are gonna be sharing shanties with?

[leify]

I dont get his arguement here. So 60% of kids are just badly educated and thinks that money grows on trees

[bigmig]

Yeah, but they don’t drop to the bottom end. They may drop out, but they aren’t struggling like their rest of us

[VicodinElmo]

This is some mental gymnastics bollocks

[bdub]

Sounds like the classic bell curve to me

[theFijian]

Daniel brings facts, Gary brings his feels