Lee Duna to World News@lemmy.worldEnglish · 10 months agoNext generation of billionaires collect more wealth from inheritance than from work, says UBSwww.theguardian.comexternal-linkmessage-square70fedilinkarrow-up1573arrow-down19cross-posted to: [email protected]
arrow-up1564arrow-down1external-linkNext generation of billionaires collect more wealth from inheritance than from work, says UBSwww.theguardian.comLee Duna to World News@lemmy.worldEnglish · 10 months agomessage-square70fedilinkcross-posted to: [email protected]
minus-squareassassin_aragorn@lemmy.worldlinkfedilinkEnglisharrow-up2·10 months agoIt’s in generation 0’s (original wealth holder) interest as well. Massive inheritance like that ruins upbringing. After a few generations your family line is reduced to Musk and Trump. Nobody wants that.
It’s in generation 0’s (original wealth holder) interest as well. Massive inheritance like that ruins upbringing. After a few generations your family line is reduced to Musk and Trump. Nobody wants that.