|
|
|
|
|
by SatvikBeri
5098 days ago
|
|
For millionaires (defined as people with >$1MM of capital goods that can be easily reinvested), Capgemini claims that "only 16% of high net-worth individuals inherited their stash"[1]. I'm not sure what the precise definitions are since it's not defined in the article. The Millionaire Next Door claims that 80% of millionaires in the USA are the first generation in their family to be rich.[2] I also did my own research looking at (non-Forbes) biographies of the top 10 richest people in the world according to Forbes in 2009. 3 out of 10 came from millionaire or richer families (Eike Batista, Bernard Arnault, Stefan Persson). If you trust Forbes, you can simply go through their website[3], it classifies each billionaire's wealth as self-made, inherited, or inherited + grown. [1]: http://www.economist.com/node/17929057 [2]: http://www.investopedia.com/financial-edge/0810/7-Millionair... [3]: http://www.forbes.com/lists/2010/10/billionaires-2010_Carlos... |
|