Generally, the older sibling is usually the richest.
Research suggests that older siblings often achieve higher levels of education, and career success, translating to greater financial wealth. This isn't necessarily due to inherent advantages, but rather to factors like:
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Parental Investment: Firstborns often receive more focused attention and resources from their parents, especially early on. This can lead to a stronger foundation in education and development.
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Role Model Effect: Younger siblings may look up to their older siblings, but older siblings don't have that role model at home. They must be more independent and self-reliant.
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Leadership Opportunities: Older siblings often take on leadership roles within the family, developing skills that are valuable in the workplace.
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Established Family Status: As the first child, older siblings benefit from the parents' initial enthusiasm and drive to provide. Later-born children may experience a shift in parental priorities as resources become stretched.
It's important to acknowledge that these are generalizations. Individual circumstances, such as family wealth, education level, career choices, and pure luck, play a significant role in determining financial success. However, statistically, older siblings tend to have a slight advantage in accumulating wealth.
