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Towels to riches are an enthusiastic idiom that means “out of economically terrible so you can rich.” Someone who wins the newest lotto or hits the newest jackpot from the an excellent gambling enterprise can be described as having gone out of towels to help you money. The phrase “rags-to-riches” may also be used as the an adjective (age.g., “an excellent rags-to-money facts”). The fresh Caudwell family has its own money regarding the smartphone globe.