Socialist-minded millennial heirs are trying to live their values by getting rid of their money.
Lately, Sam Jacobs has been having a lot of conversations with his family’s lawyers. He’s trying to gain access to more of his $30 million trust fund. At 25, he’s hit the age when many heirs can blow their money on harebrained businesses or a stable of sports cars. He doesn’t want to do that, but by wealth management standards, his plan is just as bad. He wants to give it all away.
“I want to build a world where someone like me, a young person who controls tens of millions of dollars, is impossible,” he said.
A socialist since college, Mr. Jacobs sees his family’s “extreme, plutocratic wealth” as both a moral and economic failure. He wants to put his inheritance toward ending capitalism, and by that he means using his money to undo systems that accumulate money for those at the top, and that have played a large role in widening economic and racial inequality.




Look, it hasn’t been a pleasant experience watching the Trump legal team and its allies lead the offensive regarding the avalanche of allegations concerning voter irregularities and fraud. You’re never going to convince me Joe Biden won fair and square, but the effort to prove voter fraud has been a mess. It’s a high bar to convince a judge that ballots should be tossed. It should be—and for the most part, the Trump team has not been successful…until now. This week, the Trump campaign scored
A SCHOOL pupil who joined a Coventry school claiming to be a 15-year-old boy as parents feared he ‘looked like a 40-year-old’ is now being taught apart from other pupils.

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