Gregory's ServerBillionaires amass more through inheritance than wealth creation, says UBS
Link: https://www.ft.com/content/3944234e-e3b4-46fa-8c2f-cadec780ecb4
Discussion: https://news.ycombinator.com/item?id=38489313
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Billionaires amass more through inheritance than wealth creation, says UBS Link: https://www.ft.com/content/3944234e-e3b4-46fa-8c2f-cadec780ecb4 1 comment
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@hn50 Thomas Piketty has written extensively about this, and proposed some interesting ideas: https://vancouversun.com/opinion/columnists/douglas-todd-canadas-bank-of-mom-and-dad-returning-us-to-19th-century-inheritance-culture