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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (158337)1/17/2003 9:48:27 PM
From: i-node  Read Replies (4) | Respond to of 1575067
 
I don't know for sure, and went out on a limb a bit, but I don't think that scale of wealth disappears easily. Various Mellon and Rockefeller descendants spring up in the news periodicly, but never once has the story been that they are scrounging.

Is there some problem if this is the case? If I manage to make a billion dollars in my lifetime, legally, and choose to leave it to my children, is there some reason I shouldn't be able to do just that?



To: TigerPaw who wrote (158337)1/18/2003 3:54:24 PM
From: TimF  Read Replies (2) | Respond to of 1575067
 
All it takes is one person who leaves the family and doesn't depend on them or is effectively kicked out of the family because he pisses someone off and you have a whole branch of decedents of decedents with no connection to the original wealth.

But more importantly there is social mobility upwards. Look at the richest people in the US. Many of them did not come from a wealthy background.

Tim


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