[Edward64]

Originally Posted by flere-imsaho

Ramsey Solutions is a company selling self-help guides on how people can make themselves rich. The study should, perhaps, be taken with a grain of salt.

Here's a different study: http://files.faireconomy.org/sites/d...dBase_2012.pdf

Your link is just the Forbes 400 vs Brian's point of millionaires as a whole? It also states 35% started off from "lower or middle-class background" which is pretty darn good success rate for self-made billionaires.

I have also read other studies (Fidelity, Stanley's Millionaire Next Door etc.) that do purport majority of millionaires (not billionaires) are self made. But I would agree majority of them came from stable households that had other inherent advantages/opportunities that many lower income families do not (besides pure money)