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A comment on Dreams of a Red Emperor: The Relentless Rise of Xi Jinping. Parent comment

Re:Dreams of a Red Emperor: The Relentless Rise of Xi Jinping by smallnamespace on Friday October 23, 2020 @06:16PM (#24874869)
Most billionaires are self-made, and that proportion has increased since the 1980s:

https://www.forbes.com/sites/luisakroll/2018/10/03/the-forbe...

> Looking at the numbers over time, the data lead us to an interesting insight: In 1984, less than half the people on The Forbes 400 were self-made; in 2018, 67% of the 400 created their own fortunes.

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Re:Dreams of a Red Emperor: The Relentless Rise of Xi Jinping by whimsicalism on Friday October 23, 2020 @06:52PM (#24875197)
To be clear, I'm not saying that the US is entirely without mobility. Particularly for the billionaires, most of that wealth is not inherited - although much more of that mobility is from low millionaires -> billionaire than it is from poverty -> billionaire.

You deleted your other comment about income and IQ. Worried that it would reflect badly when someone in the future would trawl through your account?

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