“The wealthy are getting richer,” Arnott stated. “Vastly so. However, it’s by no means the identical folks for lengthy.” The identify Rockefeller, for instance, has been synonymous with huge generational wealth going again greater than a century. You’ll not, nevertheless, discover any Rockefellers on at the moment’s Forbes 400 checklist of the wealthiest People, Arnott noticed. “After a scant 50–100 years, there are not any Carnegies or Mellons or Fricks,” he stated, “and definitely no Morgans, Vanderbilts, Astors, or du Ponts, the place the fortunes date again to the nineteenth century.” Evaluate PDF Through
