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Continue to ChatWhile some multimillionaires started in poverty, most did not. A study of the origins of 303 textile, railroad and steel executives of the 1870s showed that 90 percent came from middle- or upper-class families. The Horatio Alger stories of "rags to riches" were true for a few men, but mostly a myth, and a useful myth for control. - Howard Zinn from https://whatsmyquote.com/quote/while-some-multimillionaires-started-in-poverty-most-did-not-a-study-of-the-origins-of-303-textile-railroad