lmao no they don’t, the source for that is “the Williams Group wealth consultancy,” which if you google you find is a financial planning group for the uber-rich whose founder came by the 70% figure in a study himself that no one has verified in any capacity, and whose org is about teaching rich people how to keep more of their money to themselves. The very wealthy generally stay that way because it’s incredibly easy to be rich and have that money make more money

there was a study proving even descendants of wealthy families living under feudalism still have a ton of wealth today as a result

so I was definitely [thinking emoji] at this TIL