• livus@kbin.social
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    11 months ago

    Of course they do. It’s simple math.

    There was a study on ownership in London’s wealthy “City of London” district about 10 years ago which found most of it had been in the same families for several hundred years.

    • interceder270@lemmy.world
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      11 months ago

      Seriously. They have a multi-generational culture of hoarding as much wealth as possible.

      It would be an embarrassment if any of their offspring lost their wealth considering how many safeguards are put in place to protect it.