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How does the fact that 70% of wealthy families lose their wealth within 3 generations gel with wealth being lost to other rich people? That doesn't logically make sense. If that was the case then there would slowly be ever fewer rich people who become ever richer. But if you look at the richest people in the world that isn't the case.


Because the rich that arent losing their wealth are getting richer at ridiculous rates? And where is that money coming from?


> where is that money coming from?

They're creating it. Wealth is not a zero-sum game.


If what you're saying is true we'd see the number of rich decrease exponentially. That is objectively not the case.

> Where is that money coming from?

Not sure what you mean by this?


If you own several similar assets, and sell one for a large profit, it brings up the value of the others on paper. Stock shares for example.




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