Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

PCB66

(71 posts)

8. There are three kinds of rich

Reply to DemocratSinceBirth (Reply #4)

Thu Jan 1, 2026, 12:14 PM

21 hrs ago

Those who earned the money

Those who inherited it

Those who stole it

I read one time that the list of the top one percent of wealth in the US changes by about a third every year.

In the same article it mentioned that the group mostly likely to lose their wealth are the ones that inherited it.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

snot

19 replies

= new reply since forum marked as read

Highlight:

'I don't think we should have billionaires': Mayor Zohran Mamdani in his own words [View all] duckworth969 22 hrs ago OP

Bernie Sanders: "billionaires shouldn't exist". Donkees 22 hrs ago #1

He does not come from a billionaire family, murielm99 22 hrs ago #2

The rich are getting richer and the poor are getting poorer. Omnipresent 22 hrs ago #3

Depends How They Earned Their Wealth DemocratSinceBirth 22 hrs ago #4

And what you do with it. nt sheshe2 21 hrs ago #5

There are three kinds of rich PCB66 21 hrs ago #8

I agree Clouds Passing 21 hrs ago #6

I personally have no problem with billionaires PCB66 21 hrs ago #7

Bill Gates and Jeff Bezos didn't create those products alone. meadowlander 20 hrs ago #10

Mostly from increase in undertaxed stock value, not from direct profits thought crime 20 hrs ago #12

And creating monopolies. Chemical Bill 18 hrs ago #19

I suspect that the fortunes of the super-rich snot 19 hrs ago #13

Absolute power (wealth) corrupts absolutely. Prairie_Seagull 20 hrs ago #9

Scapegoating instead of thinking hard is a burden on liberal politics. gulliver 20 hrs ago #11

Agreed that the super-rich are a symptom, snot 19 hrs ago #15

Excellent points! gulliver 18 hrs ago #17

I heard the term "unspendable wealth" the other day. Greybnk48 19 hrs ago #14

Agreed. AllyCat 19 hrs ago #16

No one begrudges hard work and success. hamsterjill 18 hrs ago #18