That's literally the exact opposite of what has been written about... They always say 70% of rich families lose their wealth.

So people who inherit money, often lose the shit out of it, unless it's a special case in which they do something to retain that money. A.k.a. start a business, or do something that earns them their own money.

There's a difference between "old money" and "new money". Families like the Roosevelts, Livingstons, Vanderbilts, (J.P.) Morgans, and Astors have all been rich since the 1600s and 1700s. The Rockefellers and Du Ponts, too, have been rich since the early 1800s.

These kinds of families belong to very exclusive clubs like the Union Club, the Knickerbocker Club, and the Metropolitan Club, to name a few, which people like Donald Trump can't even get into because their money isn't old enough yet.

There's a big difference between some businessman in Tallahassee making five million dollars founding his mom and pop shop, versus the truly moneyed families in this country, who control vast amounts wealth, in the realm of hundreds of millions and billions of dollars, dating back centuries. That kind of money rarely goes away, except by choice or by a major fuckup, like the crazy DuPont who killed the wrestler. But most of the time, these families have their wealth set up in such a way that it's impossible for the heirs to blow the entire family fortune in one generation.