Father's intelligence is more important than property

For the success of the children, the father's life experience and understanding are much more important than the money, US scientists claim.

The fact of life shows that rich dads' children often enjoy income above the average of society when they reach adulthood. However, many people grew up under the care of poor fathers but still achieved high income. So scientists at Bigham Young University in the US want to know if their father's property or wisdom is more important to their future, Telegraph reported.

Experts compare detailed data of thousands of Swedish men born to children between 1950 and 1965. Data includes income, work, education, and attitudes towards labor - things that are considered 'human capital' that the previous generation can pass on to the next generation.

On my life's path, my father's intelligence is far more important than property.

One striking trend in the data is: Most of the rich father's children enjoy a higher income than the average of society.

To clarify the impact of father's wealth on children's income, the team compared men who enjoyed different income levels but had the same level of education and career skills. For example, they set the situation for two fathers to have a degree in mechanical engineering and a similar degree, but one works in a big city with a good salary, while the other works in a rural area with low wages. much more.

If father's money plays a more important role in the income of the next generation, the father's son who works in the city will enjoy higher income than the father's son in the countryside. In the case of father's "human capital" plays a more important role, children can enjoy nearly equal income.

The results showed that children of fathers with similar educational and skill levels will enjoy nearly equal income, despite the large gap in the income of the birth. According to the research team, for the child's income, the father's intelligence has twice the impact on the property.