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Most Billionaires Are Self-Made, Not Heirs

Summary by The University of Chicago Booth School of Business
Some 32 percent of the Forbes 400 in 2011 belonged to very rich families, down from 60 percent in 1982.
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The University of Chicago Booth School of BusinessThe University of Chicago Booth School of Business

Most Billionaires Are Self-Made, Not Heirs

Some 32 percent of the Forbes 400 in 2011 belonged to very rich families, down from 60 percent in 1982.

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The University of Chicago Booth School of Business broke the news in on Saturday, July 5, 2025.
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