Wow, it is amazing to see young folks create such massive wealth.

Here are some things we would find ON HOW it is created:-

[1] Almost all are direct to consumer businesses

[2] Food, Education, Finance seem to be top 3 sectors for next gen wealth

[3] Ideas looked contrarian at first (eg. Quick commerce like Zepto), almost everyone criticised the 10 minute delivery model

[4] Almost every business had to constantly pivot: they started online, and like most ed-tech startup went the traditional way (“offline”)

Please understand that this wealth is tied to the stocks of their firm.

This is not the money sitting in someone’s bank account. This wealth fluctuates massively.

The wealth in Bank is very different from wealth in firms. When you build a firm, you get a PE multiple (it could be 100X). Price-to-Earnings multiple (also called PE ratio) is one of the important measures to understand valuation of stocks.

So, don’t discouraged when you are starting out: do the best you can, learn from these young folks. And, craft your own story.