4 ms·

Is most wealth inherited? I thought it was fairly established that after 3 generations a personal fortune is usually lost.

• paulojreis 11y ago
  Most wealth inequality is due to inherited wealth. I don't know if the fact you stated is true, maybe it is, but it's not the opposite of what I said. http://inequalitywatch.eu/spip.php?article95&lang=fr#nb2 http://inequalitywatch.eu/spip.php?article95&lang=fr#nb2 http://www.brookings.edu/blogs/social-mobility-memos/posts/2015/01/30-wealth-inheritance-mobility-sawhill http://www.brookings.edu/blogs/social-mobility-memos/posts/2...
  • merpnderp 11y ago
    From the linked source in the second link you provided, it states that between 35-45 of wealth is inherited. Not to be overly contentious, but that is not "most". Is your point that inherited wealth is the majority of the unfair, and socially aggravating wealth inequality that angers a large percentage of society? Because that certainly seems believable. By the way, thanks for the interesting links.
    • paulojreis 11y ago
      You're right, and not overly contentious at all: I should've said it's the biggest factor, not the major one. I had in mind values I saw somewhere for the U.S. and my country (Portugal), both around 60%.