Almost half of Fortune 500 companies were founded by American immigrants or their children

Almost half of Fortune 500 companies were founded by American immigrants or their children

What's the percentage of Americans descended from immigrants? If you go back enough isn't it pretty much 98%?

This study isn't really about "going back far enough," it's looking specifically at first- and second-generation families compared to more established ones. As for your question though, only about 0.9% of Americans are actually Native American, with the rest presumably having immigrant ancestors.

Sure but after a generation how detached are you really from the resource network of the majority of Americans? I'm a first generation immigrant to the US and sometimes feel like I even had an advantage over some established Americans because my parents valued education very much and made sure I went to college. And my children (2nd generation) will be indistinguishable from the average citizen in every way.

I think that’s the point. Immigrants and their children often know the value of a good education and, therefore, seem more prone to entrepreneurship.

after a couple of generations you join the 'dey terk our jerbs' group

Also there's a selection bias, in that the individuals who are immigrating must necessarily have the means to, and often are better able to afford an education in America (for their children) than the native-born population. Also that with an immigration quota, the US is able to screen for desirable qualities -- such as a background in high-demand fields.

Right. They're creating immense wealth and opportunity as well.

So you're telling me fortune 500 companies pay all of there employees minimum wage? Are you 12?

Do you realize that companies employ people?