Rags to riches refers to any situation in which a person rises from poverty to wealth, or sometimes from obscurity to fame. This is a common archetype in literature and popular culture (for example, the writings of Horatio Alger, Jr.).
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Famous quotes containing the words rags and/or riches:
“The most fitting monuments this nation can build are schoolhouses and homes for those who do the work of the world. It is no answer to say that they are accustomed to rags and hunger. In this world of plenty every human being has a right to food, clothes, decent shelter, and the rudiments of education.”
—Elizabeth Cady Stanton (1815–1902)
“This one fact the world hates; that the soul becomes; for that forever degrades the past, turns all riches to poverty, all reputation to a shame, confounds the saint with the rogue, shoves Jesus and Judas equally aside.”
—Ralph Waldo Emerson (1803–1882)