Trust Fund babies come in all flavors.  Some multiply up the money after they hit 21 and get contrl of the money, a few lose it all making bad investments of gambling, hookers and drugs.  Most just live comfortably and have some kind of job in a field that interests them.

The opportunities for multiplying the money come hobknobbing in the social circle.  Iff you watch the Gilded Age it portrays this very well.  There are also fortune hunters of both sexes hanging about trying to marry into money.

As I mentioned before, I was out of this circle once my parents divorced as a child, and my dad didn't even kick in tuition much less leave me a trust fund.  I did know a few of them though.  I was good friends with Rick MacArthur when we both were editors of the Spectator.  He just eased into the Publisher spot of Harper's Magazine.  Writes on politics.

Once you're not worried about your daily bread, you're free to pursue your ideas.  When you hit on a good one, you talk to your own dad or best friend's dad who introduces you to a banker and poof they set up an IPO.  Makes the whole process orders of magnitude easier.

RE