Some leaders are bread for success; Kylie Jenner, for example, drew heavily from her family’s $350million net worth to build her make-up empire Kylie Cosmetics, whilst property magnate and now-President Donald Trump was given $60million by his father Fred Trump to manage his own empire.
Even ‘self-made billionaire’ and Amazon Founder Jeff Bezos was given a lump sum of $1million by his stepfather to start his ecommerce business. And these aren’t rare cases. Research conducted by Crowdfunder discovered that around half of all entrepreneurs used family-money to start their business, with the average initial cost of running a start-up set at around £30,000.
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