World News@lemmy.worldEnglish · 1 year ago

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

www.theguardian.com

cross-posted to:
antiwork@lemmit.online

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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

cross-posted to:
antiwork@lemmit.online

Swiss bank favoured by super-rich says 1,000 billionaires are likely to pass on $5.2tn to their children over next 20 years

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Blackmist@feddit.uk
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1 year ago
If you earn $100 an hour, and worked every day for 8 hours, and never spent anything, you’d have to have been working since 1400BC to earn a billion dollars.

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