Felix Dennis Quotes

Some people want to amass a great amount of wealth and make a great looking obituary. I'm going to die with more money than is good to leave my son.

When vastly wealthy people say, 'I'm not leaving my kids any money,' it's typically not true.

Any man who has $10,000 left when he dies is a failure.

If I die and am worth $50 million as opposed to $3 billion, it is really not important.

I don't think Steve Jobs had much desire to share his fortune.

7 percent of inheritors get two-thirds of all the wealth transfers..

I don't like the repeal of the estate tax.

I personally think that people who are inheriting the wealth must have an agreement on how that wealth will flow from generation to generation, how they would like to spend it, and have similar philosophies around philanthropy to ensure continuity and scaling up.

Men who leave their money to be distributed by others are pie-faced mutts.

At the end of your life, you cannot take a penny with you. So what is the object of money if you can't take it with you?

It's rather grisly, isnt it, how soon a living man becomes nothing more than a collection of stocks and bonds and debts and real estate?

Italy and France could lop off their excessive wealth through a one-time tax on private wealth.

A first-generation fortune is the most likely to be given away, but once a fortune is inherited it's less likely that a very high percentage will go back to society.

I have no one to leave the money to. I'm a single man. I like spending my money.

I have no family to take care of and no children to pass wealth to.

Finally, I do not believe that we should punish American families who have worked diligently to provide for themselves and want to pass along their success to their children and grandchildren.

Support of private ownership does not mean that anyone has the right to unlimited accumulation of wealth

The prince should try to prevent too great an inequality of wealth .... prevent the wealth of the multitude from being hoarded by a few.

Taxes on acquired wealth would be the fairest solution. But such taxes have met an invincible resistance among the possessors, who are the most powerful. … The selfishness of possessing classes is not reducible. We have to adopt to it.

I want to see wealth cascading down the generations.

We must prevent the transmission in their entirety of those fortunes swollen beyond all healthy limits.

Even if I was to give my children a small part of my wealth, it would be more than they can digest in many lifetimes.

The - the early Rockefellers made their wealth from being in certain businesses and - and remained personally very wealthy. Tatas were different in the sense the future generations were not so wealthy. They - they were involved in the business, but most of the family wealth is put into trust, and the family did not, in fact, enjoy enormous wealth.

The wealth in many large estates has never been taxed because it is largely in the form of unrealized - therefore untaxed - capital gains.