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> very large, very often inherited, fortunes The article addresses inherited wealth: > On the 2016 rich list, two-thirds were self-made and one-third had inhe
by wyldfire 7y ago
> very large, very often inherited, fortunes
The article addresses inherited wealth:
> On the 2016 rich list, two-thirds were self-made and one-third had inherited at least part of their fortune. More than 10 percent were immigrants to the US.
- cmdshiftf4 7y ago>More than 10 percent were immigrants to the US. I wonder what portion of that 10% fits into the inherited wealth bracket also. Anecdotally I've met a lot of rich Indian and Chinese immigrants in tech, however they came over with family money, with strong family power networks, attended top schools and then parlayed their wealth + connections into something even greater. It feels as though we throw "immigrants" out there to be synonymous with "broke" and "powerless".