Janet Yellen: 50% Inheritances to Top 5%

Posted by admin on Tuesday, October 21, 2014

Janet Yellen Inheritance Income graphJanet Yellen Money Quotation saying wealth willed to top 5% represents half of all inherited money, staying within already rich families. Janet Yellen said:
 
Janet Yellen Just over half of the total value of inheritances went to the top 5 percent and 40 percent went to households in the next 45% quote
 

“Just over half of the total value of inheritances went to the top 5 percent and 40 percent went to households in the next 45%” — Janet Yellen

 

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