10/27 "40 Under 40 - Business's hottest rising stars"
http://money.cnn.com/magazines/fortune/40under40/2009
I'm 39 and a code monkey making $120K/yr. This article makes me very
depressed.
\_ Are any of these not born to millionaire parents?
\_ where can I get stats on their parents' income? I can't seem
to find that information on Wolfram Alpha
\_ Was Tiger Woods' dad a millionaire? Also, Sergey Brin's bio
said his parents were a professor and a scientist while Larry
Page's parents are both CS professors.
\_ rising stars usually get much more help from a nice family
than those that came from the slums. Do you think Bill Gates
was born in the slums? Hell no, his family was pretty well
off already and that gave him a lot of freedom to do what
he loved doing instead of trying to work at a stinky
$120k/year job that can barely support a family in
Silicon Valley.
\_ Bill Gates was a trust fund kiddie. So was Donald Trump.
I would argue that Larry&Sergey and Tiger (certainly)
were not. If you hate your job and your salary then
do something about it. Go to medical school or go get
an MBA and work for Goldman Sachs or get good at golf.
Things could be a lot worse than making $120K before
age 40. That's in the top 10% of incomes. $160K puts
you in the top 5%.
\_ Maybe not trust fund kiddies, but still started on
second base. You are telling me that a bunch of
kids who were raised in upper middle class families
and went to Stanfurd are underprivileged? You have
a very distorted view of the real world.
\_ Did I say underprivileged? More like middle
class, which is a far cry from being born to
millionaire parents.
\_ Two college profeesors are either millionaires
or really bad with their money. I am sure they
consider themselves "middle class" just like
most millionaires, but they are clearly quite
privileged. The best way to be succesful
in America is to be born to money.
\_ but most wealth disappears by the 3rd
generation! Why do you hate rich
people? -Republican
\_ I don't hate them, I just recognize that
if I had been given that level of
opportunity, I might be there, too. I don't
beat myself up for not being in newsweek.
Considering how I have done so far, I still
might make it by the time I am 50 or
something.
\_ 2 X CS profs = what, $1/4M/yr in annual income? Maybe they
are "only" single digit millionaries. Evan Williams is
probably from modest means (though still solidly middle
class). |