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Research by Forbes magazine found there were 15 billionaires aged 30 or under but that none had created their own wealth (…)
None over 30 created their own wealth either.
The estate tax is way too fucking low.
It was specifically established to prevent the establishment of a hereditary aristocracy, and it is utterly failing to do its job.
Unlike the older billionaires who earned every dollar of their billions, because they really are hundreds of thousands times more productive and economically valuable than nurses or bus drivers.
I’m not disagreeing but I wanted to post the article mostly to point out that it is completely impossible to earn such money.