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Fortune
Fortune
Ryan Hogg

Future generation of billionaires will inherit their wealth and be less generous: UBS

(Credit: Jeremy Suyker/Bloomberg via Getty Images)

While millionaires have long been associated with familial wealth and lengthy dynasties, it has always taken something special to become a billionaire. Whether it’s founding the next tech giant or working your way up to the boardroom of a Fortune 500 company, the richest people in the world tend—at least in part—to be a product of hard work and major innovation.

Now, though, a new study suggests that the next generation of billionaires is increasingly becoming a product of their parents, and they might be a bit more brattish than their forebears.

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