Post
Topic
Board Economics
Re: Pertaining to leadership roles, do family financial background have much effect?
by
AVE5
on 13/07/2025, 17:28:37 UTC
Or better put, does the financial status of ones family background, that is, does one being born and brought up by rich or poor parents, have a lot to do with how well they do later in life when they attain leadership roles in big corporations and businesses or become the president of a country?

Wealth and poverty can be heredity but when opportunity of those from the rich backgrounds are misused, then they may have lost that promising potentials that was ought to be their gate pass. There're lot in the history who had lost their silver spoons and life becomes tough for them due to misused of opportunities.
Those from the poor background may face the tough life most because there's no one besides to give them backup since the road of success has become and while the poor might be struggling to get into it, those from the rich background stand chances of earning it even without being merited. The world has turns to Man-know-Man where cronyism and nepotism is real.
But in an unbiased institute, company or in the political race, what'd be considered to be a successor is your potentials such as what's required to efficiently carry on the work. It could be leadership or occupying an official position in an institution. And such horizon will always explore because those who're occupying those positions are by merits and not personalities.