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Message
re: President* Biden: For a long time, this economy has worked great for those at the top!
Posted on 9/16/21 at 3:15 pm to sabes que
Posted on 9/16/21 at 3:15 pm to sabes que
quote:
Do they? Not many people who inherit millions of dollars go broke, it’s almost impossible to do so. The money seriously makes money by itself, with zero work required.
Inherited wealth rarely lasts more than three generations, there is a long list of old money families that ran out of money. Those that inherited don’t value it as much as those that earned it.
1
Posted on 9/16/21 at 3:18 pm to EA6B
quote:
Inherited wealth rarely lasts more than three generations, there is a long list of old money families that ran out of money. Those that inherited don’t value it as much as those that earned it.
The richest man on the planet in the 1930s was the ruler of Hyderabad in India. His family was bankrupt by 1960.
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