This sounded very interesting, so I looked it up. It seems that Sweden during that time seems to have had a 30-70% inheritance tax, depending on the year. That

This sounded very interesting, so I looked it up. It seems that Sweden during that time seems to have had a 30-70% inheritance tax, depending on the year. That accounts for a loss of 70% of wealth pretty neatly. https://iea.org.uk/blog/how-high-tax-sweden-abolished-its-disastrous-inheritance-tax https://iea.org.uk/blog/how-high-tax-sweden-abolished-its-di... Please correct me if I missed something in my haste