Lee Duna to World NewsEnglish • 1 year agoNext generation of billionaires collect more wealth from inheritance than from work, says UBSwww.theguardian.comexternal-linkmessage-square68fedilinkarrow-up1544arrow-down19
arrow-up1535arrow-down1external-linkNext generation of billionaires collect more wealth from inheritance than from work, says UBSwww.theguardian.comLee Duna to World NewsEnglish • 1 year agomessage-square68fedilink
minus-squareJeenalinkfedilinkEnglish59•1 year agoI remember this study done: “Today’s rich families in Florence, Italy, were rich 700 years ago” https://www.vox.com/2016/5/18/11691818/barone-mocetti-florence
minus-squarehh93linkfedilinkEnglish21•1 year agoThe only German in the top 10 of the richest Germans that didn’t inherit that spot is the founder of Biontec - and while he did a great job there it’s just sheer luck that the pandemic hit when it did
I remember this study done:
“Today’s rich families in Florence, Italy, were rich 700 years ago”
https://www.vox.com/2016/5/18/11691818/barone-mocetti-florence
The only German in the top 10 of the richest Germans that didn’t inherit that spot is the founder of Biontec - and while he did a great job there it’s just sheer luck that the pandemic hit when it did
B…but muh bootstraps???