2 ms·
I'm still not sure how much of a problem this really is. 88% of the very wealthy ($30+ million) in the USA made their wealth themselves. https://www.forbes.co
by randyrand 9y ago
I'm still not sure how much of a problem this really is.
88% of the very wealthy ($30+ million) in the USA made their wealth themselves.
https://www.forbes.com/sites/niallmccarthy/2016/10/10/where-the-super-rich-inherit-their-wealth-infographic/#4992ddd06fe0 https://www.forbes.com/sites/niallmccarthy/2016/10/10/where-...
...the best source I could find.
- Retric 9y agoThat's with a long history of estate taxes and strong economic growth. Also, if you look at Americans with 10+ billion far more than 12% inherited their money. The US has been stagnating with lower GDP growth rate over time which will likely change these numbers. Because the low % of inhered wealth is mostly due to large numbers of new wealthy not children of the wealthy losing their money. http://www.lagunabeachbikini.com/images/2014/economy/RGDPgrowth-1.png http://www.lagunabeachbikini.com/images/2014/economy/RGDPgro...
- deleted 9y ago[deleted]