From the financial times. In Europe how billionaires gain their wealth? Mostly mom and dad.

  • @MrJameGumb
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    51 year ago

    My issue is that they’re using subjective terms to describe what they are claiming is objective data. It makes the whole thing sound amateurish and unreliable.

    • @filister
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      1 year ago

      Yes, good and bad sounds dubious and childish, but the inheritance part I think is more or less valid.

      The majority of house/apartment buyers in Germany are the ones having inherited their money. Considering that 60% of the people here are renting, It is almost impossible right now with a normal 9/5 job to buy anything decent without some sort of inheritance. Or even build a substantial fortune.