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Old 04-28-2016, 08:11 AM  
plaster
So Fucking Banned
 
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Join Date: Apr 2015
Posts: 2,295
Quote:
Originally Posted by Sly View Post
The data is available and there have been many studies on it. Time and time again, second-generation loses a huge chunk, third-generation destroys the rest as well as the name.

70% of Rich Families Lose Their Wealth by the Second Generation

Donald Trump is indeed a brash, blowhard. The idea that "anyone" can take $40M and turn it into B's is bitter nonsense. If that were the case, we would have even more billionaires.
Donald Trump turned a 1 million dollar loan into his empire. The million dollars was handed to him on a silver platter but what he did with it was not. America needs many more business men like him instead of whiners.

I understand why you said what you did (because media told you) but aren't you sick of being lied to every single day?
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