"I don't believe you get to be a billionaire on luck. Even those who come from money.
Many inherited fortunes are squandered or just not managed well, and the offspring fall into hard times, even though they were appropriately educated and trained. ..."
Some have squandered inherited fortunes but others have not. I am reminded of an article I read years ago commenting on Howard Hughes. Hughes inherited $29,000,000.00 dollars from his father in the Hughes Tool and Die Company. (Oil drilling tools, etc.) He did not blow his inheritance.
Howard Hughes turned that into a mega-billion dollar empire. That wasn't luck: that was brain power.
Trump inherited millions and turned the millions into billions. That ain't luck: that's brain power.
L.W.
