Collins report on Dynastic Wealth reviewed by Fast Company
November 26, 2018
The new Institute for Policy Studies report Billionaire Bonanza 2018: The Role of Dynastic Wealth by Post Carbon Fellow Chuck Collins and coauthored by Josh Hoxie was reviewed in this article at Fast Company.
From the article:
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Dynastic wealth and the disturbing inequities it perpetuates are the subject of a recent report from the Institute for Policy Studies, a progressive think tank, which is appropriately titled, “Billionaire Bonanza 2018: The Role of Dynastic Wealth.” In compiling the report, coauthors Josh Hoxie and Chuck Collins dove into the Forbes 400 list, and found that one-third of the members have inherited wealth from previous generations. The 15 wealthiest families (who each have multiple members on the Forbes 400 list) account for a combined wealth of $618 billion.