[lbo-talk] Questions

[ChrisD(RJ)]

Seems pretty impossible to estimate. Besides direct inheritance or
appreciation, there is the matter of what one might call the "launching
pad" of wealth. For example, if I recall correctly, John D. Rockefeller,
Sr. came from a substantial farming and grain-dealing family going back
two or three generations, so in a sense even his wealth (or that of Bill
Gates) has an aroma of inheritance about it.

Carrol
---
Interestingly, as the interview I just posted pointed out, and contrary to
Western stereotypes, the Russian oligarchs were not well-positioned
chinobniki in the Soviet era. They were mostly nondescript Lumpens.