Maybe it has, but the rich don't have infinite lifespans and the data indicates ... | Hacker News

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thematt on March 28, 2012 | parent | context | favorite | on: Jeff Bezos Finds Apollo 11 Rockets

Maybe it has, but the rich don't have infinite lifespans and the data indicates that their wealth doesn't survive past another generation or two.

See both: Beating the Midas Curse and The Millionaire Next Door

seanp2k2 on March 28, 2012 [–]

I'd like to look more into this, and thank you for providing some further reading on that. However, regardless of how long wealth lasts, I'm only alive for this generation, so I can't say that it'd change anything for me personally if the trillionaires of 2112 aren't the billionaires of today.

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