A man bitted a dog (user search)
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Author Topic: A man bitted a dog  (Read 1816 times)
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jfern
Atlas Institution
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Posts: 53,820


Political Matrix
E: -7.38, S: -8.36

« on: May 13, 2005, 05:08:05 PM »



Bill Gates family did have some and were possibly upper middle class; both parents worked.  They were not the super rich and their earnings wouldn't guarantee William III would be set for life.

http://www.intris.com/productions/bg/biobill.htm

He inheirted several million dollars from a rich grandfather.
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jfern
Atlas Institution
*****
Posts: 53,820


Political Matrix
E: -7.38, S: -8.36

« Reply #1 on: May 13, 2005, 05:52:28 PM »



A recent study of U.S. millionaires found that 80 percent acquired their wealth in a single generation, without the benefit of inheritances.

Probably less amoung the super-rich.

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jfern
Atlas Institution
*****
Posts: 53,820


Political Matrix
E: -7.38, S: -8.36

« Reply #2 on: May 13, 2005, 06:01:17 PM »

Economic mobility is on the wane

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http://www.yeekyakairforce.com/ollie_byrd_is_the_moth/2005/01/meritocracy-in-america-from-economist.html
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