What about the overlap? Wouldn't most people who inherit that kind of money be... founding companies, becoming executives of said companies, making political connections to benefit their business, and investing? I don't see how you can separate most of these.
this post was submitted on 23 Oct 2023
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The link to the source of the data was broken and I didn't search around but I was curious how they defined inherited. To be in this class, did they have to inherit a billion dollars? A million? Come from upper middle class? If close to 30 percent are inheriting upwards of a billion, that is a lot.
And look at Russia, yikes! Shows a deep corruption. How that country doesn't devolve into a Venezuela/Liberia/take-your-pick, I do not know
THe UK is interesting considering how we're constantly told the nobility hold so much wealth.
They must have paid some hackers to fake their data on this map
Germany: nooo we can not increase inheritance tax! That would hurt all the family led businesses