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We're going to have a relatively large number of children/inheritors to billion dollar scale fortunes within a decade or two. These individuals will have more
by lumost 5y ago
We're going to have a relatively large number of children/inheritors to billion dollar scale fortunes within a decade or two. These individuals will have more money than they would ever need to use - however they will lack for prestige and impact.
I wouldn't be surprised if some of them choose to create university positions for themselves, or otherwise "self-fund" their own prestige projects.