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Some built upon their inherited fortune to create companies that far exceed those of their parents or spouses -- like the Koch Brothers or L'Oreal's Liliane Bettencourt -- while others, such as ...
Old money is "the inherited wealth of established upper-class families (i.e. gentry, patriciate)" or "a person, family, or lineage possessing inherited wealth". [1] It is a social class of the rich who have been able to maintain their wealth over multiple generations, often referring to perceived members of the de facto aristocracy in societies that historically lack an officially established ...
The Fugger family of mercantile bankers and venture capitalists, the richest family in the 16th century. [63] The Welser family, alongside the Fugger one of the most important families of merchant bankers in 16th-century Europe. The Baring family, owners of an important merchant bank in London in the 18th to 19th centuries.
Tori Spelling. Well-known actress and one of the heirs to father Aaron Spelling’s $600 million fortune, Tori Spelling’s spendthrift ways caused her father to limit her inheritance to a mere ...
A cadet branch consists of the male-line descendants of a monarch's or patriarch's younger sons ().In the ruling dynasties and noble families of much of Europe and Asia, the family's major assets (realm, titles, fiefs, property and income) have historically been passed from a father to his firstborn son in what is known as primogeniture; younger sons, the cadets, inherited less wealth and ...
Business Insider has compiled a list of 12 high-profile millionaires and billionaires — some of whom are the world's biggest business magnates — who won't be signing over their fortunes to ...