Puerto Rico is poor because it is part of the US and a part of the world that has been sacked by colonialism for centuries now. Citation: https://monthlyreview.org/2015...
Everybody seems to have their own theory about why Puerto Rico is "poor" but where are the "rich" Caribbean islands? Puerto Rico is poor because they're an island in the Caribbean with a population over 250,000. Too many people and not enough resources. Just like every other island in the Caribbean. Why does anybody think it's more complicated than that?
Every successful person has had failures but repeated failure is no guarantee of eventual success.