“Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.” — Walter Williams, RIP
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Inheritance and marriage were probably more significant for the maintenance of wealth vs the more transformational "becoming" wealthy
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Both of them doesn't increase over time. It just passes on what is there.
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those are just looting, plundering and enslaving by proxy widouth other options to make wealth
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For sure.
@pmarca married well. Surprised mainstream media never talks about it!Thanks. Twitter will use this to make your timeline better. UndoUndo
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Being born into the right family and growing up in the right location does so much. Location is so important
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If you were a serf in Bulgaria or a serf in Yorkshire, parents didn't matter much...
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The last Duke of Westminster when asked for advice for young people wishing to succeed in business "Make sure they have an ancestor who was a very close friend of William the Conqueror."
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That's just shady and sick
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The current wealthiest woman in the world got it with marriage and divorce.
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Marriage is union of two people, which means they are going to share any assets or liabilities earned during their marriage. You can't say she got it from marriage, they both earned it during their marriage and shared it once it ended.
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