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Many wealthy members of Congress are descendants of rich slaveholders − new study demonstrates the enduring legacy of slavery (theconversation.com)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 1 month ago

AFAIK a lot of people descended from nobility across the world are also among the most wealthy, even in places that "abolished" monarchy. A lot of Japanese companies, for example, are owned by former nobility.

The same is true with descendants of the Medicis. They're still able to divide that fortune up into fractions of what it was hundreds of years later.

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