I don't believe in creating dynastic wealth. I don't really believe that in a society that aspires to be meritocratic and that believes in equality of opportunity - my kids have had advantage over 99 percent of the kids in... ...
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A first-generation fortune is the most likely to be given away, but once a fortune is inherited it's less likely that a very high percentage will go back to society.
When you have a fortune that is almost hard to imagine, the best thing is not to pass that on to one's children. That distorts their life situation.
I realized about 10 years ago that my wealth has to go back to society. A fortune, the size of which is hard to imagine, is best not passed on to one's children. It's not constructive for them.
I definitely think leaving kids massive amounts of money is not a favor to them.