#KendallRoy Era Is Nigh: Massive Wealth Transfer to Create Nation of
#TrustFund #BillionairesNewly minted billionaires are increasingly not “self-made,” but
#inheriting #money from mom and dad, creating American “
#wealth #dynasties” and society that closely resembles traditional
#aristocraciesIn last year’s newly minted billionaires were 84 people were “self-made,” with $1.67B per head But less than the $150.8B that 53
#heirs-turned-billionaires inherited from families
https://www.vice.com/en/article/qjvnqb/the-kendall-roy-era-is-nigh-massive-wealth-transfer-to-create-nation-of-trust-fund-billionaires