Maybe other Asians can chime in, but I think Asians can’t compete in the big game because in terms of community, there is no religion or anything really allowing Asians to bond with each other.
I’ve also heard from other Chinese multi-millionaires saying that the Chinese race doesn’t help each other at all like the Jewish people and generally view each other as greedy .
This is very true IMO and most Asians/Chinese just look out for their own and that’s it. Also, a lot of the wealth is more recent and it’s not old money so there is less enabling options or help for their kids or network/friends. This may change in future generations perhaps.
If you look at a lot of ultra successful people and business types, you usually also see very very smart parents who knew what to advise their kids to do and how to play the game, realistic expectations of society and opportunities out there (flyer, I see has done this).
One of the most successful people in our family has connections to the prez and spouse also is major international head of some relief group or something.
Whenever I talk to her dad, I totally get the sense he “told/forced” her to do the things she did (education/work/connections) to lead to all their success. Without that guidance, I don’t think any “kid” will know where to go or what to do.
Without this mentoring or valuable advice for most of society, you aren’t going to get that far in general (or at least not ultra success I see them having). Apparently, they have so much money now that they don’t know what to do with it all (according to their parents)…
Looking at my own path, very little guidance IMO so much much less success. Mostly had the boring tech job, but that’s about as most of us can get I think (which isn’t bad), but won’t lead to longer term fulfillment and greater success in work/life.