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Are the Rich Getting Richer? – Meb Faber Research – Stock Market and Investing Blog

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“The wealthy are getting richer,” Arnott stated. “Vastly so. However, it’s by no means the identical folks for lengthy.” The identify Rockefeller, for instance, has been synonymous with huge generational wealth going again greater than a century. You’ll not, nevertheless, discover any Rockefellers on immediately’s Forbes 400 checklist of the wealthiest Individuals, Arnott noticed. “After a scant 50–100 years, there are not any Carnegies or Mellons or Fricks,” he stated, “and definitely no Morgans, Vanderbilts, Astors, or du Ponts, the place the fortunes date again to the nineteenth century.” Assessment PDF Through

 

 

 

 






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