No, not at all.
A child born in the slums, under- and malnourished mother, drug-addicted parents, early contact with violence, drugs and (sexual) exploitation, malnutrition, without sufficient school attendance. The child has practically no chance. Self-inflicted, never ever.
A child born of wealthy parents, good education, good nutrition, education and no worries, takeover of the parental company, share packages, real estate, … The child has practically no chance to become poor.