Thanks for a great question. Will love answering this one.

The difference between rich and poor besides money is the network. Rich people have access too a whole different opportunity set as compared to poor people. The rich, after spending money on goods required to sustain life, have ample left to deploy in investable opportunities that poor people will never have. If you look at venture capital funds, hedge funds or private wealth managers, or tax consultants, then you know their services to save money or tax and invest are quite different than the poor. Even in terms of education, rich people have access to better schools. Second is the psychology. When one is poor, they dont have time to think about growing their wealth. They are too busy making ends meet and saving for old age. The rich have so much that they have no such worries.

And money attracts money. Once you can invest more, you can have more. Lastly, rich also occupy powerful positions in govt or companies and therefore decision making will always favour the rich. For example, a cash surplus company will look at share buybacks and dividends to reward rich shareholders as opposed to increasing wages.