Just to be super clear, I don't think that the increasing gap is a good thing. I was just commenting on the fact that surprisingly many super rich people decide to go into philanthropy instead of letting their wealth dissolve within their families.
Buffet had a nice, pretty old article about why leaving huge loads of money to your children is a bad idea but I can't find it at the moment.
Buffet had a nice, pretty old article about why leaving huge loads of money to your children is a bad idea but I can't find it at the moment.