More than half of all inheritances and gifts go to the richest ten percent

Recent research from DIW Berlin shows how the wave of inheritances increases absolute wealth inequality and that policymakers should counteract this. German private wealth has more than doubled over the last 20 years, leading to annual inheritance flows around 400 billion €. More than half of this goes to the richest ten percent.

Publisher: spiegel.de
Author(s): Sebastian Maas
Date: 3.5.2019
Link to Article (in German)