Are the rich getting richer? – Meb Faber study

“The rich are getting richer,” Arnott said. “Most of the time, yes, but you can’t be the same person for long.” For example, the name Rockefeller has been synonymous with the enormous wealth of generations for more than 100 years. But Arnott said you won’t find a single Rockefeller on Forbes’ current list of the 400 wealthiest Americans. “Within 50 or 100 years, there will be no more Carnegies, no more Mellons, no more Fricks, and certainly no more Morgans, Vanderbilts, Astors or Duponts going back to the 19th century.” Via PDF Review