What does rags to riches story mean?

A "rags to riches" story refers to a narrative in which an individual rises from a state of poverty or low socio-economic status to achieve great wealth and success. These stories often highlight themes of perseverance, hard work, and determination, showcasing how someone can overcome adversity to attain their dreams. Such narratives are popular in literature, film, and real life, inspiring others to believe in the possibility of achieving success against the odds.