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Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by dagw on Sunday June 27, 2021 @06:30AM (#27650326)
Of the 10 richest people in Sweden, you have 1 company founder, 1 hedge fund manager and 8 people who directly or indirectly inherited their wealth, 4 of whom belong to the same family. This is hardly unique to the US
Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by hackerNoose on Sunday June 27, 2021 @08:26AM (#27651024)
Sweden has one of the largest wealth inequalities in the world. This might be unexpected given how how the aggressive taxation keeps the income equality high.
Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by ElViajero on Sunday June 27, 2021 @12:05PM (#27652675)
> Sweden has one of the largest wealth inequalities in the world.

Sweden has a low income inequality.

Around 20% of the population are immigrants that have yet to accumulate wealth, myself included. If you own an apartment in Stockholm you are already many times richer than any newly arrived. And, at the current prices, it is going to take them 50 years to pay for such an apartment.

So, the system needs time to let everybody accumulate wealth. That is to be expected.

That does not mean that the situation is perfect. In Sweden, like in the rest of the Western world, big corporation does not pay taxes in the country but in tax havens. So, much more can be done to increase the change of everybody getting a good life.

tldr; Sweden is a rich country, newly arrived people from poor countries have no wealth and it is going to take them decades to catch up even if they get a fair salary.

Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by pbadg3r on Sunday June 27, 2021 @10:57AM (#27652073)
Wow this is fascinating, GINI for wealth inequality is definitely not talked about enough
Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by tryptophan on Sunday June 27, 2021 @06:08PM (#27655941)
Yeah I was pretty surprised as well. Made me re-consider how much of a bubble of ideology I am in.

How could I NOT hear about such a statistic for so long?! Especially with all these other inequality statistics being thrown around.

Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by dagw on Monday June 28, 2021 @06:42AM (#27660119)
Another 'fun' fact about Sweden is that has some of the highest levels of unsecured debt pr capita in Europe.
Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by boxed on Sunday June 27, 2021 @02:09PM (#27653762)
Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by quickthrowman on Sunday June 27, 2021 @08:36PM (#27656863)
Income and wealth are two different things.
Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by dagw on Monday June 28, 2021 @05:26AM (#27659659)
In some ways the low income inequality is driving the high wealth inequality. The income 'equality' means that the top end wages are quite low by global standards, meaning it is basically impossible to build wealth by just working hard and getting a salary.

In the US it is absolutely possible to become a millionaire simply by working your way up the ladder at a large corporation. In Sweden that is basically impossible since there are hardly any jobs offering those sort of salaries.

Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by boxed on Sunday June 27, 2021 @02:09PM (#27653757)
No.

This is blatant lie found in a second on Google. https://en.wikipedia.org/wiki/List_of_countries_by_income_eq...

Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by mrep on Sunday June 27, 2021 @02:32PM (#27653960)
Your link is for income, not wealth. For wealth inequality, sweden had the 3rd highest gini in 2019: https://en.wikipedia.org/wiki/List_of_countries_by_wealth_in...
Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by ChrisLomont on Sunday June 27, 2021 @12:06PM (#27652685)
The majority of the Forbes 400 is first generation.