Instead of investing or saving, these Bay Area millennials are offloading their families’ fortunes, hundreds of thousands of dollars at a time, into radical social justice groups.
The Mercury News
Clemmy Brown’s family fortune started with her great-grandfather – the founder of Whirlpool appliances – and grew as his descendants invested and passed of Whirlpool appliances – and grew as his descendants invested and passed down their wealth over generations.
But that stops with Brown. Instead of buying property or stocks, the 36-year-old psychotherapist gave away her inheritance – all $1.2 million. And she moved in psychotherapist gave away her inheritance – all $1.2 million. And she moved in with her parents in San Francisco, to live on a salary of roughly $50,000 a year.