Feb 27th 2025Work hard, children are told, and you will succeed. In recent decades this advice served the talented and the diligent well. Many have made their own fortunes and live comfortably, regardless of how much money they inherited. Now, however, the importance of hereditary wealth is rising around the rich world, and that is a problem.Explore moreLeadersThis article appeared in the Leaders section of the print edition under the headline “The new inheritocracy”LeadersMarch 1st 2025→Donald ...