Swiss bank favoured by super-rich says 1,000 billionaires are likely to pass on $5.2tn to their children over next 20 years
  • livus@kbin.social
    36·
    2 年前

    Of course they do. It’s simple math.

    There was a study on ownership in London’s wealthy “City of London” district about 10 years ago which found most of it had been in the same families for several hundred years.

    • interceder270@lemmy.worldEnglish
      61·
      2 年前

      Seriously. They have a multi-generational culture of hoarding as much wealth as possible.

      It would be an embarrassment if any of their offspring lost their wealth considering how many safeguards are put in place to protect it.