https://tinyurl.com/mae99sez
"First, the richest people in our society made their own money.
Second, those who make fortunes have large families and share their
estate amongst their kids. And third, the children of the mega-wealthy
are predominately under-achieving delinquents who blow their
inheritance.
OK, I made up points two and three, but they are both probably true.
Seems right. Moving on."
and:
"The majority of those with serious capital in New Zealand today made
their wealth in a free market by providing goods and services on an
industrial scale that others were willing to pay for."
So for the majority of the 311 families their wealth is not inherited
according to Damien Grant. Interesting indeed.
--
Crash McBash
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