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> it is a myth that most rich people inherited their wealth. No one here has said that. More importantly, your link doesn't dispute that either. It simply sa
by kenjackson 5y ago
> it is a myth that most rich people inherited their wealth.
No one here has said that. More importantly, your link doesn't dispute that either. It simply says that billionaires, who are on the extreme, don't inherit most of their wealth -- despite the fact that 45% of them at least partially did so.
I've long argued that until we send all kids, rich and poor, to academies at birth with no further contact or tracing to their parents, we won't really understand the full impact of advantages bestowed by wealthy parents.