The self made person’s children get skipped when it comes to them achieving high success.
It’s always been that way throughout history.
Historically innovation skips geographical areas. One culture does well, then goes stagnant, and innovation pops up somewhere else.
The kids grow up with all the things they need, but they don’t have the hunger, drive, and tuffness that it takes for higher success.
Yes, there’s a few cases of children who do well, but most don’t do as well as their parents.
It’s the child who’s tempered by not having things growing up that does well.
It’s the child who had it tuff that can withstand the pressures, and difficulties of success.
It’s the child who knows how to work hard that does best.