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News@lemmy.world · 7 months ago

Every billionaire under the age of 30 inherited their fortune, new report finds

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Every billionaire under the age of 30 inherited their fortune, new report finds

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News@lemmy.world · 7 months ago

Welcome to the age of ultra nepo babies.

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catloaf@lemm.ee
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7 months ago
That’s typically what it means, yes. Having large amounts of cash is generally a bad idea, because over time inflation makes it worth less.
- Flying Squid@lemmy.world
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  Assets other than cash have value. Land, for example.

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