"Unveiling the 2023 Forbes 400 Self-Made Score: A Spectrum of Success Stories"

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Source: Forbes
"Unveiling the 2023 Forbes 400 Self-Made Score: A Spectrum of Success Stories"
Photo: Forbes
TL;DR Summary

The 2023 Forbes 400 list of the richest people in America reveals that 70% of the members have built their own fortunes, while 30% inherited their wealth. Forbes assigns each billionaire a self-made score ranging from 1 to 10, with 1 to 5 indicating inheritance and 6 to 10 representing self-made success. Notable self-made billionaires include George Soros, Howard Schultz, and David Murdock, who overcame significant adversity. The most common score is 8, with nearly 80% of the Forbes 400 either inheriting their wealth or coming from a middle-class background.

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