rant · moment 7 of 32
Les Wexner, the Ruling Class, and Old Family Wealth
from Andrew Schulz | The Tim Dillon Show #436 · #436
5 min
Tim and Andrew discuss who really constitutes the ruling class today, joke about Les Wexner potentially talking about Epstein, and contrast old, disciplined wealth-building families with soft modern heirs who want to be comedians and writers.
- The ruling class mostly has no idea what's going on; they just know the shrimp is good.
- Ivy League nepo babies are all in trouble and want to be comedians and writers instead of maintaining family wealth.
- There's no respect for apprenticeship anymore—the idea that your family's trade is honorable work worth continuing.
- Succession nailed how older powerful men look at their sons and think they're soft and unprepared for the brutal world.
- Les Wexner probably looks at his kids and thinks they'll never be able to do what it took to get where he is.
- Most wealthy people are just living off inherited money, but some are actual operators who know how to make things happen.
- Maybe 10% of rich people are actively orchestrating things to move industries in favorable directions.
- Bad money from trafficking and weapons is mixed in with good money more than people realize, all together with Wall Street money.