diva
New Member
Posts: 18
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Post by diva on Oct 17, 2011 23:55:02 GMT -5
A trust fund baby is a person who is born into a family with money. Often, this person is privy to a large inheritance of money, generally through a trust fund. The phrase became popular with the emergence of wealthy American families in the 20th century, and the rise of a generation of children born into inherited money.
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inda
New Member
Posts: 19
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Post by inda on Oct 18, 2011 21:55:57 GMT -5
Trust fund baby may emerge as a prominent socialite, as in the cases already mentioned. They may, conversely, further the wealth of their families and establish themselves in the business communities of their parents. Because of the wealth and the name possessed by the trust fund baby, endless college opportunities are available to them.
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