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