Struggling for money? Blame your parents’ looks! New study finds children of ‘hot’ parents earn more
If you’re disappointed with your bank balance, you might want to blame your parents.
A new study – titled ‘hot parent, rich kid?’ – claims that children of attractive parents typically earn $2,300 more per year than children of average-looking families.
The National Bureau of Economic Research’s findings suggest that attractiveness is a kind of hereditary asset that increases incomes from generation to generation.
Researchers say multiple studies have shown that good-looking people have a better chance of finding work and getting higher salaries.
It means that children of good-looking parents benefit from a DOUBLE WHAMMIE of a better inheritance and a greater chance of being attractive themselves – increasing their income.
Children of attractive parents are more likely to earn more money, according to a groundbreaking new study. Model Heidi Klum’s look-alike daughter, Leni, is estimated to be worth around $4 million. The duo are photographed together for a lingerie campaign
The National Bureau of Economic Research’s findings suggest that attractiveness is a kind of hereditary asset that increases incomes across generations.
The working document entitled ‘The economic impact of inherited physical traits: good-looking parents, rich child?’ used existing datasets of parents and their children from the US and China. A sample of billionaires worldwide was also looked at.
The participants’ attractiveness was rated by other people, rather than being ranked based on objective measures such as the symmetry of their faces.
Author Daniel Hamermesh told it Market overview: ‘The crucial thing to emphasize is that this kind of genetic link is there, and the magnitude of it is a few thousand dollars a year.’
He added: “It’s twofold. Because your parents look good, you look good too, and that helps you do well. But it’s also because if your parents were good looking, that means they could probably give you more money.”
Hamermesh, from the University of Texas at Austin, has been researching the link between looking good and success for more than a decade.
His work has repeatedly shown that attractive individuals are more likely to be employed and receive higher salaries.
‘It’s everything. From our earnings to our promotion rate… to how well we do in school. This is important throughout the life cycle,” he said.
Lila Moss – daughter of supermodel Kate Moss – has a net worth of more than $5 million, according to a celebrity ‘Richlist’ compiled last year by British magazine Heat
The 21-year-old is famously signed to her mother’s eponymous modeling agency
And the proof can be found in the ‘fake baby’ offspring of some of the most beautiful celebrities in the world.
Lila Moss – daughter of supermodel Kate Moss – has a net worth of more than $5 million, according to a celebrity ‘Richlist’ compiled last year by the British magazine Heat.
The 21-year-old is famously signed to her mother’s eponymous modeling agency.
Meanwhile, David Beckham’s son Brooklyn is said to have a net worth of over $12 million Heat.
The 24-year-old is known to trade heavily in the Beckham brand built by his parents. He has dabbled in everything from modelling, photography and cooking.
Model Heidi Klum’s lookalike daughter, Leni, is also estimated to be worth around $4 million.
The mother and daughter duo posed together in a campaign for Italian lingerie brand Intimissimi.
Victoria and David Beckham’s son Brooklyn is said to have a net worth of over $12 million, according to Heat
The 24-year-old is known to trade heavily in the Beckham brand, built by his parents. He has dabbled in everything from modelling, photography and cooking
Part of the problem is that there is no way to quantify discrimination based on good looks, given how subjective beauty is. However, there is an ongoing dispute over weight discrimination in the US.
New York City last year banned discrimination based on their height or weight in housing, employment and public accommodations.
Meanwhile, Colorado lawmakers are expected to pass legislation to prevent employers and landlords from discriminating against potential employees based on their weight.
But in the vast majority of America, it remains legal to discriminate against potential employees based on their weight.
a Study from 2011published by the Economics and Human Biology Journal, found that for every six pounds the average American woman gains, her hourly wage drops by 2 percent.