Shirt sleeves to shirt sleeves in three generations. I’ve heard this since I was young; this is hardly new. Inherited wealth does not encourage frugality, nor

Shirt sleeves to shirt sleeves in three generations. I’ve heard this since I was young; this is hardly new. Inherited wealth does not encourage frugality, nor does the third generation generally find working hard to be as fulfilling as the first did. You see a lot of artists and lifestyle businesses in the third generation coupled with a fairly plush lifestyle