I think the definition of rich "successful" young teenager have to be said as building up his/her own fortune without the help of their family
A lot of stories out there
1) Lebron James
2) Lee Hom
3) Oprah Winfrey
4) Teh Hong Piow
5) mark zuckerberg - his family is rich ? his family help him built facebook?
6) jack ma
.... still got a lot more, the logic behind that TS try to mention is probably the opportunity that young teenager that come from rich family to be rich is greater but remember, there is a lot of cases out there where 1 generation is enough to kill all the wealth that is built by their father or grandfather

many gold diggers successfully become rich though.

or how about george michael, poor Greek boy having earned 100 million pounds before his death.

or you heard about the crippled malaysian successfully building a chain retail store?

there are many poor folks did successful become very rich. but not many. because wealth is a pyramid, there are a lot fewer people can stay on top than those fill the bottom. if don't want pyramid must become communist.

i thought TS said asian in his first post? so it can be non-asian as well?

oprah winfrey is one

not just asian

trump too

thoroughout history those who already own the wealth always have an advantages over the poor. back in feudal time, sons and daughters of lords were also definitely better well off then those born as peasants. it is just how things work. it has never changed. usually it takes war or revolutions to really shake things up where most of the rich suddenly lost everything while many poor folks suddenly become the new ruling and elite class.

during peace time, such reversal of fortune can also happen but just on a much lesser scale. you want it to happen more then you need to become bad people to seduce rich son and daughter to take drug lah, gamble lah, become gay lah, mindlessly car racing lah etc so that bad things happen to them faster.

who say lcw not an entrepreneur



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This post has been edited by damonlbs: Jun 30 2017, 04:19 PM

budaya daddykasi, muktamad

SO many example;

Jack Ma
Richard Branson
Lewis Hamilton - heard he grew up in the ghetto
Uncle Lim

Brian something from that Cha place...oh wai...

You buy what from him?

you need to come from middle class family before you can be billionaire.

Bill Gates ... warren buffet.

with family backing comes freedom of taking early risk.

ada daddykasi
ada cable tebal
ada spot in asia top 30

Jack Ma

vida?

that ramly burger?

a small loan of 1 million dollar
if i minta 1 mil from my dad, he would whoop my ass

ya lor, he keep bragging about how small the amount was

it it were me, nope, dad dont have million dollar

Those successful MLM business entrepreneur.

Ecoworld boss - Tan Sri Liew Kee Sin

there just con man

That is why it is largely, not completely.

For every one speedmart founder, there are 1 million more that failed and remained where they are.

If you look at the Top 100 list, most of them are from well well off background. And it is no surprise, because being wealthy affords one way more advantages than being poor. From upbringing to education to connections and access to capital, all that helps.

Bill Gates' parents was prominent lawyers and corp figures, Buffett's father was a US congressman, Bezos' own one of the largest lands in Texas, Koch brother's were wealthy, Bettencourt inherited L'Oreal from parents, Waltons ditto with Walmart, and so on so forth.

You will get your Jack Ma's, but at the same time, how many billions of Chinese did not became him?

Statistics doesn't point to one person and generalise it to all.