Mario Nawfal(@MarioNawfal):🇩🇪🇺🇸 Peter Thiel just pointed out a pretty brutal difference between America’s young wealthy and Germany’s. Looking at the 50 richest people in each country who are Gen X or younger, Thiel says 9 of 12 Americans made their own fortunes. Germany? All 20 inherited theirs. “Not a single person did something new, made some new money, built a large new scalable company.” Germany isn’t running out of rich people. Thiel thinks it’s running out of people getting rich by building something new. Writer: Lynn

2026.09.26 13:50

🇩🇪🇺🇸 Peter Thiel just pointed out a pretty brutal difference between America’s young wealthy and Germany’s. Looking at the 50 richest people in each country who are Gen X or younger, Thiel says 9 of 12 Americans made their own fortunes. Germany? All 20 inherited theirs. “Not a single person did something new, made some new money, built a large new scalable company.” Germany isn’t running out of rich people. Thiel thinks it’s running out of people getting rich by building something new. Writer: Lynn