This video talks about equity, bonds, properties, commodities - those pay only a few % per year, you're very unlikely to get from zero to a billionaire from that! Billionaires become billionaires through inheritance and/or great businesses and/or via criminal or at least unethical activities (Rockefeller belongs to this last category, he could do so, because at that time US had no anti-monopoly law, and at some time Rockefeller earned almost 2% of US GDP!).
I think what you forget is how strong compound interest is or when you lets say inherit 3 properties that are paid off they instantly create cashflow through rent or other stuff and if you use that money wisely you can build more wealth in way less time that the generation before you did.
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A solid intergenerational wealth.
This video talks about equity, bonds, properties, commodities - those pay only a few % per year, you're very unlikely to get from zero to a billionaire from that! Billionaires become billionaires through inheritance and/or great businesses and/or via criminal or at least unethical activities (Rockefeller belongs to this last category, he could do so, because at that time US had no anti-monopoly law, and at some time Rockefeller earned almost 2% of US GDP!).
I think what you forget is how strong compound interest is or when you lets say inherit 3 properties that are paid off they instantly create cashflow through rent or other stuff and if you use that money wisely you can build more wealth in way less time that the generation before you did.