Next generation of billionaires collect more wealth from inheritance than from work, says UBS

www.theguardian.com

535

Next generation of billionaires collect more wealth from inheritance than from work, says UBS

www.theguardian.com

Lee Duna to

World NewsEnglish • 1 year ago

Swiss bank favoured by super-rich says 1,000 billionaires are likely to pass on $5.2tn to their children over next 20 years

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@RGB3x3
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45•1 year ago
They make more money because they already have so much money. At those levels, the money makes itself.
- @interceder270
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  4•1 year ago
  It’s like slavery with extra steps.

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