alt Hacker NewsThe great equalizer here is death. Nobody can cleanly pass all of their wealth and influence off to their children and while those that inherit large fortunes can maintain and improve upon them (see the Waltons) they’re rarely able to maintain the act for generation after generation. None of the great fortunes of today were built by descendants of the Vanderbilts or the Rockefellers.
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We will see, the big concern here is that lifespans start increasing faster than aging, ex: you're a ~40 year old and estimated lifespan is 80, but by the time you're 60 it's 90, by the time you're 80 it's 100 and at some point it might start increasing faster than the speed you age at. Of course we might be a few generations away from where this is the case, but it's a scary thought.
Another would be the power your family carries, generations might not have survived into the most recent era, but their investments had a large impact on the world we live in today as dilluted as it is. I believe that this will become worse where very few people are able to dictate the direction our world will end up in - a dystopian coorperate nightmare.
I think it's best to plan on giving your kids/grandkids the knowledge and wisdom you gained, but any financial gain is just distributed back to something in the world you enjoy (I love this [1] story and think about it often in respect to how I'd pass on any wealth I acquire).
[1] https://abcnews.com/US/98-year-man-donates-stock-now-worth-m...