World News@lemmy.worldEnglish · 1 year ago

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

www.theguardian.com

453

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

www.theguardian.com

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 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

Chat

RGB3x3@lemmy.world
link
fedilink
English
arrow-up
39·
1 year ago
They make more money because they already have so much money. At those levels, the money makes itself.
- interceder270@lemmy.world
  link
  fedilink
  English
  arrow-up
  6
  arrow-down
  4·
  1 year ago
  It’s like slavery with extra steps.

World News@lemmy.world

world@lemmy.world

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !world@lemmy.world

A community for discussing events around the World

Rules:

Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think “Is this fair use?”, it probably isn’t. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, ableist, will be removed. “Ironic” prejudice is just prejudiced.
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
Rule 5: Keep it civil. It’s OK to say the subject of an article is behaving like a (perjorative, perjorative). It’s NOT OK to say another USER is (perjorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect!
Rule 6: Memes, spam, other low effort posting, reposts, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world

Recommendations

How to spot Misinformation and Propaganda

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

Consider including the article’s mediabiasfactcheck.com/ link

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

2 users / day
2 users / week
2 users / month
38 users / 6 months
1 local subscriber
1 subscriber
3.26K Posts
49K Comments
Modlog