Donald Trump accepts invitation to Stephen Colbert's Late Night Show, can he leave the show unscathed when he faces Colbert?

[DonFerrari]

Madword said:

SamuelRSmith said:

Donald Trump inherited somewhere between $40m-$200m. He is now worth somewhere between $2bn and $10bn. That's an increase of between 10* and 250*. Wild numbers, sure... but the vast majority of people who come into large sums of money either through inheritance, or winning lotteries/bets or professional sports or whatever just squander the crap out of it.

Donald's the sort of guy who would have made it no matter what. Whatever he is, it isn't an idiot.

I dont think that is true, otherwise the term "The rich get richer, and the poorer get poorer" would never be said. Yes of course if you give someone 1m they will be a new house, car, holiday, they'll spend it to make their life better. You give someone $40-200m who is already living a good life, it's very easy to make more money with that. yes one or two might blow it (Nicolas cage is a good example), but on the whole, once you get a few million it's easy to make lots more money.

So can we expect Gates's sons to generate trillion of dollars of family richness right?

The "rich get richer" is an analysis of small percent variation of gap on earnings and sometimes just left wing bitching that in any gaussian curve you would have like 80% of people on some variation of middle (low, middle, above) and 10% for each sid on very low and very high... we can complain all we like, but if you give 10M for each human being on earth right now (and everyone that had more than that lose what is above 10M), you can be sure there would be flow and concentration quite fast.

My great-grandfather donated in life all his propertiers (when he was 85y old) to his 10 sons and daugthers... 8 of them ended up selling their part to my grandfather (which was retired bank manager, that in USA money would probably make bellow 60k a year), all of them were basically gave the same opportunity to study (most dropped school before high school), my granpa finished technical school in accounting (as far as I know only one brother also gone that far).

Go anywhere there are humans and you'll see that a very small part can be considered above average in any atribute you choose... but yes, he made himself 2-10B worth because he inherited 20M.