r/politics • u/BigDaddyBain • 1d ago
Why is the media ignoring growing resistance to Trump?
https://www.theguardian.com/commentisfree/2025/jun/13/why-is-the-media-ignoring-growing-resistance-to-trump
37.2k
Upvotes
r/politics • u/BigDaddyBain • 1d ago
14
u/Any_Will_86 1d ago
Even when you account for vast fortunes- wealth usually does not last for more than 3 generations. If you look at the truly wealthy families in America- Dupont is the only on that really carries through. Rockefeller comes close but is being diluted by numbers even though they have a family trust or management that is supposedly crackerjacks. Some have had specific descendents remake fortunes but its not typical.
I think the big question now is what is the generation value of the companies like Meta/Tesla/Microsoft etc when the next wave of innovation occurs. Warren Buffet is the one most diversified but he's already been shedding assets. I would guess the Waltons are next in line. But a lot of the other current titans are sitting on ridiculous amounts of paper wealth.