The Greatest Wealth Transfer in History Is Here, With Familiar (Rich) Winners (Published 2023)
nytimes.com
Saved by Philip Soriano
The Greatest Wealth Transfer in History Is Here, With Familiar (Rich) Winners (Published 2023)
Saved by Philip Soriano
Yes, some people transfer money to their kids instead of waiting until their own death—but these “in vivo” (between the living) transfers, as economists call them, make up a small minority of all wealth transfers. The vast majority—between 80 and 90 percent, depending on the year—of households that received some type of wealth transfer in the years
... See moreThe brightest, most successful and ambitious of these will emerge as truly Sovereign Individuals. At first, only a handful will achieve full financial sovereignty. But this does not negate the advantages of financial independence. The fact that not everyone attains an equally vast fortune does not mean that it is futile or meaningless to become ric
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