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Politics : View from the Center and Left

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To: TigerPaw who wrote (10511)2/1/2006 5:08:16 PM
From: TimF  Read Replies (1) of 541778
 
The Rockefellers and Mellons for example as a family are still wealthier than the families of Walton or Gates.

I don't think this is true. If it is true that wealth is distributed around enough between different decendents of the original wealth creators that the individual wealth is far less than what Sam Walton had (or his heirs a generation or two later have now) or what Bill Gates has.

It's been estimated that .5 percent of the men alive today (and presumably a similar percent of the women but there is no direct evidence for that assertion) are decendents of Temujin / Genghis Khan.

news.nationalgeographic.com

ox.ac.uk

I suppose that "family" controls an aweful lot of wealth (even factoring in to account the fact that a lot of the areas with a larger percentage of his decedents are relatively poor), but who cares?

Tim
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