Inheritance. That’s the term you are looking for. In many countries, we still tax it 65%, to ensure a one-time success doesn’t become a “monopoly” of some fami

Inheritance. That’s the term you are looking for. In many countries, we still tax it 65%, to ensure a one-time success doesn’t become a “monopoly” of some families over generations. Likewise for companies. we can’t tax them per generation, but the monopoly laws are here to dismantle them if they keep hold on a market without ongoing “coup de maître” on innovation.