That's rarely the case as it is. The majority of wealthy families lose their money in just a few generations if they aren't actively working to maintain it.
Right now, they piss that money away on fast cars and lose <insert partner preference>. So we could divert that money to pay for infrastructure or cut income taxes or whatever, and aside from fast car dealerships, everyone should be happier.
"in just a few generations". One generation with an inheritance tax.
With a land tax many wouldn't get rich in the first place, let's address the root cause.