Post
Topic
Board Economics
Re: Pertaining to leadership roles, do family financial background have much effect?
by
peter0425
on 17/07/2025, 04:45:18 UTC


‎Do top leaders or presidents of countries or big corporations and businesses do better economically because they were brought up from a rich family background with wealthy parents or from a poor family background with poor parents?
‎ 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?

I do believe that there are a lot more people who end up becoming leaders of a company or a nation if they are from a wealthy and powerful family but this doesn't mean that it's totally impossible for a poor person to make his way up. It is just a lot harder for the poor individual.

I say this for example in my country political dynasty is a very huge thing. If your father is a politician, you can also be a politician and your son will also become a politician. That is because it is a lot easier to be successful in a field if someone this case your parents already did the work for you.