Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 1 year agoNext generation of billionaires collect more wealth from inheritance than from work, says UBSwww.theguardian.comexternal-linkmessage-square70fedilinkarrow-up1543arrow-down19
arrow-up1534arrow-down1external-linkNext generation of billionaires collect more wealth from inheritance than from work, says UBSwww.theguardian.comLee Duna@lemmy.nz to World News@lemmy.worldEnglish · 1 year agomessage-square70fedilink
minus-squareassassin_aragorn@lemmy.worldlinkfedilinkEnglisharrow-up2·1 year 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.