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pm90
1549 days ago
Most of the richest people in the US got their wealth through inheritance.
2 comments
missedthecue
1549 days ago
Most? 80% of US millionaires are first generation according to NYT and almost all billionaires in the US are first generation.
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kevin_thibedeau
1549 days ago
A 1 millionaire isn't exceptionally rich. They still have to work to get by unless they decamp for a cheaper country.
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jeffbee
1549 days ago
People think of the people at the very top of the list, who are mostly late-20th-century entrepreneurs, but you're right: the bulk of the American rich are people like the Waltons, Mars's, and other heirs.
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