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If 70–80 per cent of the rich are self-made – what about the mass of ordinary millionaires?

The National Study of Millionaires found out that 74 per cent of millennials believe that millionaires inherited their money and more than half (52 per cent) of baby boomers think the same.

Are Most of the Rich Heirs—or Are They Self-Made?

Time and time again you hear: “It used to be possible to become rich by your own efforts, but that is a rare exception today.” Allegedly, most rich people have inherited their wealth..

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