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by brigadier132 997 days ago
So given that, these million dollar loans they received from family to start their businesses really don't amount to much. And Bezos only got $240k.
3 comments

Only 240K.

The big thing here isn't that they get loans. It's that they can keep taking risks, knowing they'll be OK if they fail.

I can't remember the exact quote, but essentially middle class people have one big shot they can afford to fail at. The children of the wealthy can keep taking them.

So basically, poor to billionaire is impossible in 1 generation, but poor to billionaire is possible in 2 generations.
To be honest, I do care way more about how horrible work conditions they provide in their companies. Especially to the more vulnerable and low paying positions.
Smh, that’s like half a million in todays money for free from his parents…