Are kids still “expected” to be as or more successful than their parents?

[ucbalumnus]

@wis75

I wonder about kids of rich businessmen who are used to luxury but not used to living on a salary they could generate. What do they do when used to high end spending habits and living in luxury?

Perhaps some of those businesses people themselves experience that if their company or industry declines and they have to make do on $150,000 instead of $200,000 (or any other decline in income).