Historian Studied 500 Years of Wealth, Here's What Actually Works | Johann Kurtz

Transcript

If you take the wealthiest cohort at the beginning of the 20th century and you project how that wealth should have grown, the thousand wealthiest families then should have turned into 16,000 billionaire families today. But there are only sort of 700. It was actually not possible to defend that proposition if people did not have a framework to pass ... Read More