The richest families in Florence in 1427 are still the richest (2016)

Re:The richest families in Florence in 1427 are still the ri... by bryanrasmussen on Thursday January 10, 2019 @02:30PM (#18877196)

so the richest families in Florence in 1427 were the 0.001 percent? At any rate it seemed to have worked for them.

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Re:The richest families in Florence in 1427 are still the ri... by rock_hard on Thursday January 10, 2019 @03:24PM (#18877708)

Its called survivor bias :)

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Re:The richest families in Florence in 1427 are still the ri... by bryanrasmussen on Thursday January 10, 2019 @03:50PM (#18877992)

so you're saying that there are a number of formerly rich families at the time who have not made it to the present with wealth intact? I guess that seems reasonable, but don't have any data yet. On the other hand there should still be some wealth today that was not among the wealthiest then?

(of course I wonder how much of that maintaining wealth was - instead of gold, art, and land - strategic marriage)

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Re:The richest families in Florence in 1427 are still the ri... by rebuilder on Thursday January 10, 2019 @04:17PM (#18878279)

Certainly there are a good number of formerly rich, now poor or extinct families. It's practically a cliché of nobility.

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Re:The richest families in Florence in 1427 are still the ri... by bryanrasmussen on Friday January 11, 2019 @03:18AM (#18881773)

yes, it seems likely, even 'certain' but as I understand it also seems not to have been verified using data in this case? I like my certainties verified.

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