[scandox]

Where does that info come from? I went to school with people whose wealth can be traced back more than 20 generations. They didn't seem to getting poorer.

[robocat]

"The richest families in Florence in 1427 are still the richest families in Florence"

https://qz.com/694340/the-richest-families-in-florence-in-14...

[lprubin]

Here is some data showing 70% by the second generation and 90% by the third:

https://www.google.com/amp/amp.timeinc.net/time/money/392530...

Perhaps you just met some of the exceptions.

[monocasa]

Do you have data that isn't a blatant ad campaign consisting of pithy statements from a wealth management company trying to scare people into letting them manage their money?

[aaomidi]

Exactly this. It's extremely difficult to lose your money at that stage.