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They also form dynasties of generations of extremely wealthy children, grand-children, and grand-grand-children, etc. It's arguable whether the people who orig
by pmoriarty 5y ago
They also form dynasties of generations of extremely wealthy children, grand-children, and grand-grand-children, etc.
It's arguable whether the people who originally accumulated all this wealth "earned" it (when many of them in large part merely took the wealth their employees made), but their descendants who just inherit their money certainly have in no way earned it. So should they get to keep it?
For an insightful look in to the world of inherited wealth, see the documentary Born Rich[1], made by the heir to the Johnson & Johnson fortune, where he interviews all his other friends, who, like him, were born in to enormously wealthy families.
[1] - https://www.youtube.com/watch?v=1sD3pG74Wv8 https://www.youtube.com/watch?v=1sD3pG74Wv8