Re:Sam Bankman-Fried Has a Savior Complex (September 2022)
by tsimionescu on Thursday November 10, 2022 @01:52PM
(#33551278)
You forgot the most successful strategy for making enormous amounts of money in one life: start with enormous amounts of money, and don't be entirely completely idiotically incompetent. Making a billion dollars is a lot easier if you can start with mommy's billion, or even her hundred million.
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Re:Sam Bankman-Fried Has a Savior Complex (September 2022)
by robocat on Thursday November 10, 2022 @03:33PM
(#33552871)
Everything I have seen shows the strategy is “start with connections”.
The money is less important (multiple bankruptee becomes prez, Gates used IBM connections, Elizabeth Holmes got investors through family connections, yada yada yada).
There are lots of billionaires that started from upper-middle-class wealth. And other examples of children given huge money that blow it all.