I think you are reflecting on survivor bias for successful people.
Almost all rich families I met saw entrepreneurship as lower-status. They chase arts and such. They are posturing they don't need to care about money. [of course it's a lie, but they do it anyway]
Only a fraction of the new rich get their kids into entrepreneurship while the rest are just spoiled. I heard many times "I want my kids to have all the things I din't have growing up" and then the kids turn into horrible entitled brats who hate their parents. Then the inevitable "How could they do this to me! I gave them everything!". It's not easy raising kids, even with enough money.
I think you are reflecting on survivor bias for successful people.
Almost all rich families I met saw entrepreneurship as lower-status. They chase arts and such. They are posturing they don't need to care about money. [of course it's a lie, but they do it anyway]
Only a fraction of the new rich get their kids into entrepreneurship while the rest are just spoiled. I heard many times "I want my kids to have all the things I din't have growing up" and then the kids turn into horrible entitled brats who hate their parents. Then the inevitable "How could they do this to me! I gave them everything!". It's not easy raising kids, even with enough money.