Not sure if where you got that number, but even if 30% got their initial wealth from inheritance, that's still a substantial fraction. I've witnessed the phenomenon in person, though unfortunately it wasn't I who was receiving the money!
Even if the majority are self made, that doesn't take away from the point that there is more than one way to wealth, and that it doesn't just boil down to compound interest.
> Also financial advisors, wealth managers, portfolio managers whatever you want to call them are a scam.
They are, and they aren't. Many people, even those "smart enough" to get rich, need someone to manage their finances, and are barely capable of doing it themselves. However, they aren't better off with a housefly as their financial professional. Many financial professionals are bozos, but some do their job well, and when you not only have the wealth to acquire a competent one, but possibly a social network that can connect you to one with a reputation among other wealthy people, then you have a good chance of being better off than a non-rich person picking an off-the-shelf financial advisor.
The majority of wealthy people today grew up in the 1970s, which was a very different environment from today.
Almost certainly, unless the “we prefer everyone equally poor” brand of politics succeeds. The most insidious belief is that the system is some how rigged against you no matter what you do. It just isn’t true.
The system IS rigged against you, aka the working class, and in favor of the asset/capital owning class.
Moving up from the former category, to the latter, considering the wage stagnation and the interest rate and CoL increases, is very VERY difficult, so scoffing it off as if it's something trivial that anyone can do and if they don't the it must be their fault, is just laughable.
So, you see, it's difficult to know these days what's sarcasm and what's not as so many people, especially here, are completely detached from the reality of the average person and live in a bubble of their own farts.