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Unless you set up money in a trust, it has a tendency to disappear through the generations quickly. And even in a trust, by the 3rd or 4th generation there is o
by seibelj 6y ago
Unless you set up money in a trust, it has a tendency to disappear through the generations quickly. And even in a trust, by the 3rd or 4th generation there is often not too much to go around.
- deleted 6y ago[deleted]
- rendx 6y agohttps://qz.com/694340/the-richest-families-in-florence-in-1427-are-still-the-richest-families-in-florence/ https://qz.com/694340/the-richest-families-in-florence-in-14...
- anadem 6y agoThere's a saying where I'm from: "clogs to clogs in three generations". Man works himself up from clog-wearing poverty to wealth; son seems the dad's journey and values wealth; grandson grows up in wealth and doesn't understand how it happened so loses it.