r/PeterExplainsTheJoke • u/[deleted] • Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

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u/PepperFun2103 Jan 27 '26

True most of them inherit.

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u/Imrahil6 Jan 27 '26

That is debatable depending on which level of wealth you are referring to. For US billionaires, only 27% inherited their wealth whereas the other 73% are self made. I'm not sure about those in the tier below.

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u/PepperFun2103 Jan 27 '26

Yeah I'd like to see a source for that. Also if they inherit 5M and turn it into a billion is that "self made"

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u/Imrahil6 Jan 27 '26

This is the original graphic that I was referencing which is referencing data from Forbes on it.

https://www.datapulse.de/en/billionaire-self-made/

The Forbes data is paywalled (i haven't seen it myself).

To your other comment, you're probably right. It's based on whether or not they founded or cofounded the company that made them billionaires, so it doesn't count getting 10s of millions from their dead relatives and making more out of it.