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Citation needed. If anything, capitalism seems antifragile: individual wealth never seems to last beyond the 3rd generation.
by jpatokal 8y ago
Citation needed. If anything, capitalism seems antifragile: individual wealth never seems to last beyond the 3rd generation.
- monocasa 8y agoDo you have a source for that, that isn't the pithy unsourced statements from a wealth management company in an ad campaign?
- skookumchuck 8y agoThe article itself shows that each Disney generation has less money. The Kennedys are another example. Are the Rockefellers the richest people in America? The Vanderbilts? The Carnegies? The Morgans? The Astors? The Gettys? Nope to all. The richest today are first generation - Gates, Bezos, Buffet, Musk, Case, etc.