3 ms·
Even then wealth mostly lasts 3 generations or so, either by dilution or squandering by the descendants. Trickle down economy of sorts. Exceptions like Rockefel
by jojobas 3y ago
Even then wealth mostly lasts 3 generations or so, either by dilution or squandering by the descendants. Trickle down economy of sorts. Exceptions like Rockefellers are rare and far between, and some might argue even they are net positive through their philanthropic efforts.