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FreeJoe

(1,039 posts)

2. How many of today's billionaires were descended from billionaires?

Reply to kentuck (Original post)

Mon Oct 7, 2013, 12:46 PM

Oct 2013

It's not an area I've studied much, but I thought that a lot of the old super-rich (Vanderbilts, Carnegies, Rockefellers) were now just the regular rich and that most of today's super rich (Gates, Buffett, Ellison) were barely rich when they started. I have great faith in the ability of children and grand-children to squander their inheritances.

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Billionaires should be banned in order to save capitalism [View all] kentuck Oct 2013 OP

All on board with that. NuclearDem Oct 2013 #1

How many of today's billionaires were descended from billionaires? FreeJoe Oct 2013 #2

I would wager most... ElboRuum Oct 2013 #4

Civilization accumulates resources into the hands of a single species The2ndWheel Oct 2013 #3