4min chapter

Networth and Chill with Your Rich BFF cover image

Why We Hate Rich People

Networth and Chill with Your Rich BFF

CHAPTER

Is It Important to Have Rich Parents?

A 2019 study published by WealthX actually found that around 68% of those with a net worth of 30 million or more made it themselves. 88% of all millionaires are self-made, meaning they did not inherit their wealth. Being rich is not inherently bad, nor is it a permanent status. Most wealthy families lose their wealth within three generations.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode