News for hackers. Stuff that matters.

A comment on Grand jury indicts Trevor Milton, Nikola founder, on three counts of fraud. Parent comment

Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by rhizome on Thursday July 29, 2021 @10:22PM (#28003757)
Rich people generally became rich by inheriting lots of money.

https://ips-dc.org/the_self-made_hallucination_of_americas_r...

[ Parent | on HN ]
Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by aeternum on Friday July 30, 2021 @11:10PM (#28014925)
Providing for one's children can be a powerful motivator. How long does that generational wealth last on avg?
[ Parent | on HN ]
Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by rhizome on Monday August 02, 2021 @05:42PM (#28043069)
I don't have it at hand, but in finding that other page I came across something saying, I think, 3-5 generations. It's googlable.
[ Parent | on HN ]
Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by aeternum on Wednesday August 04, 2021 @02:09PM (#28064265)
That seems somewhat reasonable. Work hard, do exceptionally well, and you can benefit your grandchildren but not very far beyond that.
[ Parent | on HN ]