Most of the wealth represented by the Forbes 400 list of the wealthiest people and families in the U.S.
A)has been earned in the oil industry.
B)is inherited.
C)belongs to major athletes.
D)is earned by an individual during their lifetime.

Question

Quizplus · Accepted Answer

According to Forbes, over 70% of the wealth of the people on the Forbes 400 list is inherited, indicating that the majority of the wealth is not earned by the individuals themselves. Therefore, option B is the correct answer. Option A is incorrect as not all wealthy people made their fortune in the oil industry. Option C is incorrect as the Forbes 400 is not limited to major athletes. Option D is incorrect as the explanation provided in option B indicates that most of the wealth on the Forbes 400 list is inherited, not earned during an individual's lifetime.

Most of the Wealth Represented by the Forbes 400 List