History Quote by Howard Zinn
““A historian who studied Boston tax lists in 1687 and 1771 found that in 1687 there were, out of a population of six thousand, about one thousand property owners, and that the top 5 percent—1 percent of the population—consisted of fifty rich individuals who had 25 percent of the wealth. By 1770, the top 1 percent of property owners owned 44 percent of the wealth.””
![“Contrary to Piketty’s rentier hypothesis, I don’t see anyone on the [Forbes 400 list of the wealthiest Americans] whose ancestors bought a great parcel of land in 1780 and have been accumulating family wealth by collecting rents ever since. In America, that old money is long gone - through…” quote by Bill Gates](https://sms4smile.com/quotes/img-quotes/3a7/bill-gates-137_america_contrary-to-piketty-s-rentier-hypothesis_3094696.jpg)
