Most public companies have a single-class stock structure, meaning one stock equals one vote. employ dual-class stock ownership structures, which allows them to pass down super-voting shares through the family. Even if you don’t hold shares, you may want to consider how inherited control could impact the brands you love and rely on - here’s what you need to know. But when nepotism occurs in the stock market, it’s wealth that’s being bogarted.Įxperts have been expressing concerns about the risk of the “nepo baby” in corporate governance long before the term took hold of the internet. In fact, it happens all the time in most industries. The term “nepo baby” dominated the internet for the last half of 2022, as they unspooled all the connections between Hollywood heavyweights and their offspring.īut it’s not just movie stars and musicians who are born with a leg up. Maude Apatow, daughter of filmmaker Judd Apatow and actress Leslie Mann, was in fact a “nepotism baby.” Apatow’s name might not have been a wooden horse, but it certainly gained her access to the inner realm of Hollywood - or at the very least, gave her a slight advantage.įrom there, Gen Z did what they do best: get right to the bottom of it. You could be the landlord of Walmart, Whole Foods and CVS (and collect fat grocery store-anchored income on a quarterly basis) Get in now for strong long-term tailwinds Rich young Americans have lost confidence in the stock market - and are betting on these 3 assets instead. UBS says 61% of millionaire collectors allocate up to 30% of their overall portfolio to this exclusive asset class In an observation that launched a thousand tweets last year, one Gen Z social media user lamented that her new favorite actress on HBO’s Euphoria wasn’t the scrappy up-and-comer she’d assumed she was. When the ‘idiot heir’ brings down the entire empire: Corporate royalty may keep the company's bloodline strong, but it can pose a real threat to the rest of us
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