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Wow, I stand corrected."How many common men have their dads give them a million dollars to start out with?"
He received 413 million dollars from his dad. If he had taken that largess and simply put in a S&P 500 index fund, his net worth would be more than twice what it is today
This reminds me of an interview I heard with one of Warren Buffett's sons. The interviewer asked about the story that his father only gave him a small amount of money because he wanted them to go out and earn their money, not be spoiled. He sort of laughed and said yes, his dad had given him some stocks and other investments, that his dad did want him to work and be successful, but he gave him enough that he didn't have to worry. The interviewer asked how much, the son replied: "In today's market it's around $190M".
I just laughed because I had heard the story of Buffett not giving his kids a lot of money several times. I guess it's like Buffett's story of his secretary's tax liability being greater than his, it's often repeated in a less accurate way.