That has helped a handful of high-profile young business people climb the wealth ladder quickly. Then there's the question of how they climbed so high. Winship says that this is a trend across all of the richest Americans.
Now, he says, "the richest people in America in any given year are much richer than the richest Americans were in the 1980s and early 1990s." Because of globalization, companies—particularly websites—can reach huge customer bases, meaning potentially bigger profits. In short, are more young entrepreneurs hit it big, they may find their older counterparts already easily outpacing them.