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Reply to "Do many households here have $15 M net worth or more?"
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[quote=Anonymous]There’s a big difference between someone who made a ton of money and someone who inherited it. People who make a ton of money are few and far between (I’m assuming if you inherited $10m that someone made $50m at some point). Then it just dwindles because of math if not people overspending. Even if you do nothing but steward that money, it halves or worse if you have more than one child. So ime most people who inherit are pretty conservative about spending it. [/quote]
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