Meaning of the word "money makes money" in English

What does "money makes money" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

money makes money

US /ˈmʌn.i meɪks ˈmʌn.i/
UK /ˈmʌn.i meɪks ˈmʌn.i/
"money makes money" picture

Idiom

the idea that you can more easily increase your wealth if you already have a lot of money to invest

Example:
He started with a small inheritance and turned it into a fortune; it's true that money makes money.
The rich get richer because money makes money through investments.