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Money and Finances
Reply to "If you are rich, not just upper middle class"
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[quote=Anonymous][quote=Anonymous]I am part of a large extended family with significant wealth from three generations ago. I would say that some branches of descendants are more successful than others which suggests some parenting component but there are also huge ranges within siblings. I don’t think substance abuse or major periods of joblessness come from wealth. Wealth might make some of them last longer or be less damaging. It’s hard to say. If you studied it, I doubt descendants of middle class families and wealthy ones would have very different batting averages than after a few generations. [/quote] My family passes down a family business through all male lines. There's definitely a difference, wealth-wise after even one generation between the boys' and girls' families.[/quote]
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