How Do Millionaires’ Children Live (and Why They Don’t Follow in Their Parents’ Footsteps)

In total, there are about 36 million millionaires in the world, which makes up 1% of the total population of the Earth. They own more than half of the world’s wealth. It is this 1% that we think of when we hear about the worldwide success of a 20-year-old designer or an actor and think: “Their family must’ve helped them.” Well, in most cases, that’s exactly how it is.



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