I respect this guy's idea, but some transactions and ideas happen when you eat lunch with awesome folks. Great ideas could be incepted by one person, but molded into better iterations by other contributors of the conversation.
This is actually true. Some languages use passive pronouns to tell a story while English mostly uses pronouns in the active format. That alone can transpose a meaning to a whole different level. While English does have a wide array of lingo to explain ideas and circumstances; languages such as that of France's can intricately indicate the gender modality of a sentence by the linking of pronouns and verbs.
I would say that by the time he said this, his children already have their own businesses, acquired some good wealth of their own, and have been groomed well to run them (and as well as handle/invest money wisely)