Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship for the first time since UBS started tracking the fortunes of the world’s richest almost a decade ago.
London (CNN) Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship for the first time since UBS started tracking the fortunes of the world’s richest<a class="excerpt-read-more" href="https://whdh.com/news/new-billionaire-heirs-overtake-self-made-ones-as-5-2-trillion-wealth-transfer-begins/">Read More</a>
Investor Charles Munger, a longtime business partner of Warren Buffett, died on Tuesday morning at the age of 99. Berkshire Hathaway said in a press release that family members of Munger informed the company that the investor died “peacefully” in a California hospital on Tuesday morning. The release did not include details about the cause of death.…