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GJ Loft ME CA FL IL NE CT MI's avatar

Too many of our 1% are trustifarians-- where their wealth was handed to them on a silver platter. They never had to think about what they want to be when they grow up, only where I can party when I get to college.

Warren Buffett, Bill Gates and many others have worked their entire lives to build their empires and they don't consider themselves to be elites. And then there are the Betsy Devoses and the Linda Waltons who have never accomplished anything but yet they are part of the elite class.

As Warren Buffett says, "inheritance is welfare for the rich." He let his kids believe they would receive nothing from him and his wife, until they were productive citizens.

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JDinTX's avatar

Being born poor was a gift, at least I knew that I would have to earn what I got.

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