#trustfund — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #trustfund, aggregated by home.social.
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#NYAG James filed the case against #Trump & his family real estate business [The #TrumpOrganization] in 2022, accusing them of inflating his #NetWorth to obtain favorable #loan terms. After a monthslong trial, the judge overseeing the case ruled last year that Trump was #liable for #fraud, denting the real estate mogul image of success that underpinned his political rise [he’s just a #trustfund #nepobaby & an epic #scammer. Oh & a #rapist & a #felon.]
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🎩✨ Ah, the "entrepreneurs" who bravely leap into the arms of their parents' wallets and call it innovation! 🙄 Let's hear it for the kids who risk it all... except for their trust funds. 🤑 #CourageInCushion
https://luolink.substack.com/p/the-million-dollar-safety-net-how #Entrepreneurship #TrustFund #Innovation #RiskTaking #ParentalSupport #HackerNews #ngated -
#KendallRoy Era Is Nigh: Massive Wealth Transfer to Create Nation of #TrustFund #Billionaires
Newly minted billionaires are increasingly not “self-made,” but #inheriting #money from mom and dad, creating American “#wealth #dynasties” and society that closely resembles traditional #aristocracies
In last year’s newly minted billionaires were 84 people were “self-made,” with $1.67B per head But less than the $150.8B that 53 #heirs-turned-billionaires inherited from families
https://www.vice.com/en/article/qjvnqb/the-kendall-roy-era-is-nigh-massive-wealth-transfer-to-create-nation-of-trust-fund-billionaires