Those “born on first base” — in upper-class families, with inheritances up to $1 million — make up 22 percent of the 400.[1]
I wouldn’t call 22% of the richest 400 people in the world having inherited more than $1M to be evidence inheritance dominates the causes of inequity.
I mean, another way to put it is “80% of the richest people in the world DID NOT inherit their wealth.”
[1] https://ips-dc.org/the_self-made_hallucination_of_americas_r...