this post was submitted on 30 Nov 2024
1282 points (98.8% liked)
me_irl
4791 readers
329 users here now
All posts need to have the same title: me_irl it is allowed to use an emoji instead of the underscore _
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Wealth compounds easily, practically in a country that rewards the wealthy with cheap credit and subsidizes high risk investment.
When your mom is on the board at IBM, when your best friends are the children of millionaires and billionaires, or when you have access to hedge fund levels of start up money, becoming rich isn't that hard.
It's a cringe thing to say, but your Network really is your Net Worth. Just being a Kennedy is worth it's weight, as evidenced by our future HHS Secretary's history.