How many rich people inherit their wealth

Forbes made the same observation last year, too, and most news outlets took that claim at face value. Researchers at United for a Fair Economy, a Boston-based group, did not. They released their findings last week, on the same day Forbes released its new top list.

In effect, as commentator Jim Hightower has aptly been noting for years, most of our super rich were born on third base and think they hit a triple. Some had nothing growing up. Others had parents who ran small businesses.

It really puts the emphasis on what should be the emphasis, which is not the amount of money, but rather the readiness of the children to receive that money.

One such element of preparedness is familiarity with the world of money and business. And preparation can start early. But the half a dozen wealth managers I spoke with said that when wealthy parents figure out how much money to leave to their kids, they tend to be guided by what they perceive to be best for their kids, as opposed to what they perceive to be best for society.

Wesley, of the Merrill Center for Family Wealth, sketched out a generational evolution. Resentment is not a legacy many elders want to leave, but incentive trusts also create more practical problems.

Forbes made the same observation last year, too, and most news outlets took that claim at face value. But United for a Fair Economy did not. They released their findings on the same day Forbes released the new list. As commentator Jim Hightower has colorfully put it, most of our super rich were born on third base and think they hit a triple. Basic Account. You only have access to basic statistics. Single Account. The ideal entry-level account for individual users. Corporate solution including all features.

Statistics on " Billionaires around the world " The most important statistics. The most important statistics. Further related statistics. Further Content: You might find this interesting as well. Topics Billionaires around the world Global personal luxury goods industry Global economy Private Wealth Management Investments of high-net-worth individuals.

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