re: #136 Obdicut

Yeah, but again: is it counting, say, the entire value of Walton’s shares now, or just when they inherited them? That’s the point I’m making.

It’s more fuzzy than that.
Either way inherited wealth as a % is declining if the numbers shown were right.

If I inherit money, and invest it with some luck and double the money in a few years, half my wealth is inherited.

If I got the same value as inherited shares of a corporation and the shares go up…. It’s all inherited. Unless i helped the stock go up via management decisions as a CEO or CFO.

Have you (or anyone reading) got any links showing studies how much of our 1%ers wealth is inherited? I see the claim of “most” asserted but no hard data.