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.commessage-square35fedilinkarrow-up158arrow-down12
arrow-up156arrow-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-square35fedilink
minus-squarelivus@kbin.sociallinkfedilinkarrow-up1·1 year agoOf course they do. It’s simple math. There was a study on ownership in London’s wealthy “City of London” district about 10 years ago which found most of it had been in the same families for several hundred years.
Of course they do. It’s simple math.
There was a study on ownership in London’s wealthy “City of London” district about 10 years ago which found most of it had been in the same families for several hundred years.