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Spoiledbrat · F
Wealthy people work hard too. @in10RjFox
ninalanyon · 61-69, T
@Spoiledbrat Some do. I suspect that most of those who inherited it don't work especially hard.
Unlike the poor they are not worn down by the stress of juggling multiple jobs and dealing with a hostile bureaucracy when applying for benefits.
Unlike the poor they are not worn down by the stress of juggling multiple jobs and dealing with a hostile bureaucracy when applying for benefits.
Spoiledbrat · F
@ninalanyon No but I'm sure some wealthy people have stress. Like doctors.
ninalanyon · 61-69, T
@Spoiledbrat Of course [i]some[/i] do. But most well off people are not dealing with life and death on a daily basis. And a lot of really wealthy people inherited their wealth.
in10RjFox · M
@Spoiledbrat No .. they just pretend to work hard. Just spending all the time in office or business, does not mean hard work. It is just to invite all the youngsters to steal their ideas or make them earn 4x the amount paid to them, and later cheat them by saying performance is no good, next time try harder and not grant the bonus. Yes it takes a lot of their time.
ninalanyon · 61-69, T
@Spoiledbrat
[quote] More of the wealth acquired by new billionaires came via inheritance, rather than through entrepreneurship, according to a recent report from UBS. It's the first time in the survey's nine-year history that billionaires created more wealth through inheritance rather than through work.
Of the $291.5 billion in wealth controlled by the class of new billionaires in the 2023 report, $150.8 billion came through inheritance, with $140.7 billion generated by so-called self-made billionaires, according to the UBS Billionaire Ambitions Report 2023.1[/quote]
https://www.investopedia.com/more-billionaire-wealth-achieved-through-inheritance-overtaking-entrepreneurship-8409800
[quote] More of the wealth acquired by new billionaires came via inheritance, rather than through entrepreneurship, according to a recent report from UBS. It's the first time in the survey's nine-year history that billionaires created more wealth through inheritance rather than through work.
Of the $291.5 billion in wealth controlled by the class of new billionaires in the 2023 report, $150.8 billion came through inheritance, with $140.7 billion generated by so-called self-made billionaires, according to the UBS Billionaire Ambitions Report 2023.1[/quote]
https://www.investopedia.com/more-billionaire-wealth-achieved-through-inheritance-overtaking-entrepreneurship-8409800