Inherited Fortune facts
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The heir to the Baskin-Robbins family fortune turned down his inheritance, moved to a small cabin, and swore off dairy after both co-founders died from diseases he believed were connected to their ice cream consumption
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After Forbes claimed that 70% of billionaires on their Forbes 400 list made their fortune "entirely from scratch", analysts found that, in fact, over 60% grew up in substantial privilege with some inheriting over $50 million.
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An MIT-educated biologist, Katharine McCormick, inherited a substantial family fortune and funded the development of the first birth control pill in the 1950s
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Only 16% of millionaires inherited their fortune. 47% made it through business, and 23% got it through paid work.
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Barron Hilton announced that he is leaving 97% of his $2.3bn fortune to charity, slashing his granddaughter Paris Hilton's inheritence, as well as her potential eligibility.
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Warren Buffet is the second richest person in the US, and is worth $58 billion as of September 2013. Along with Bill Gates he is a leading philanthrocapitalist and has vowed that his children will not inherit any significant amount of his fortune.
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Robert H. Richards IV, who inherited the Du Pont family fortune after the death of John du Pont (of Foxcatcher fame), was convicted in 2009 of sexually abusing his 3-year-old daughter. His 8 year sentence was suspended, as the judge claimed he would "not fare well" in prison
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Anderson Cooper is a member of the once great Vanderbilt family, but inherited nothing because his relatives squandered the fortune; He built his career from scratch, starting with a forged press pass to Myanmar
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Dumas based "The Count of Monte Cristo" on the real life story of a man who inherited a fortune while falsely imprisoned and then used the money to track down and murder the three men who accused him.
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Despite his famous last name, before becoming president Franklin Delano Roosevelt inherited most of his wealth from his grandfather Warren Delano Jr., who made his fortune as a drug smuggler in China.
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The fortune of Karol Godula, a succesful Silesian industrialist, was inherited by a 6 years old orphan girl, Johanna Gryzik. She grew it to create one of the largest business empires in Germany.
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2 out of 3 inherited family fortunes are lost by the new generation, a study in the U.S. found.
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William Beckford, at age 10, inherited a fortune and spent it on sailing the world with a cook, two dogs, 24 musicians, and a Spanish Dwarf.
About Gunther IV, a German Shepherd worth $400 million dollar, he inherited the fortune from his father, a German Shepherd named Gunther III - source
60% of the world's billionaires are self-made, 20% have inherited their fortune and 20% have both inherited and grown their wealth. - source
DHL founder, Larry Hillblom, left an estate worth $600 million when he died in 1995. He also had a taste for young Asian women. After a tumultuous court case, four of his half-Asian children inherited the bulk of his fortune ($400 mil) after a Seattle lab determined they all had the same father.
A cat named Blackie inherited a fortune of $12.5 million and was considered the richest cat until 2018. - source
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Only 1 of the 10 richest women in the world did not amass their fortune through inheritance
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The daughter of the Democratic candidate who lost to Warren Harding in the 1920 Presidential election is still alive, and that she inherited a fortune worth $16 billion from her father
Tadd Roosevelt, FDR's nephew, who was disowned by his father after marrying a prostitute and ended up leaving his inherited fortune to the Salvation Army when he died.
The term "Gold Digger" actually came from women seeking to marry gold miners since their job made a small fortune but also was dangerous and thus lowered their life expectancy (hence increasing the likelihood of the woman's early inheritance).
Julia Louis-Dreyfus doesn't need to save for her retirement. She's in line to inherit $1 billion from her family's vast fortune.
