Earlier quoted context omitted.
> It's not just having money, it's keeping it. It’s easier to keep it if everyone around you has it too > Plenty of poor athletes and musicians too who once had it. Again, easier to lose it if those around you don’t have it. Then you help out, buy mom a house, pay for medical care. Pay for nephews school, cousin’s rehab, brother needs a loan, etc.
But look at some of the Asian immigrant communities who came to the USA dirt poor and worked the lowest tier jobs. Asians as a class now out-earn whites[0]. That they've managed this in the face of rampant anti-Asian discrimination in the US is all the more to their credit. [0] https://www.statista.com/statistics/233324/median-household-...
Meanwhile, I have a lot of Chinese, Hongkongese, and Korean coworkers whose families are well-off enough that they don't need to work for a living, have relatives who don't work for a living, etc.
So yes, lots of first-generation immigrants in US come from serious money overseas, and the ones who don't have worse outcomes on average.