Wellington R. Burt’s Heirs Inherit Millions Generations Later

There's a family of heirs that will inherit millions several generations later. Wellington R. Burt was a multi-millionaire when he died in 1919. His millions didn't get passed down until 21 years after his grandchildren were dead and gone.

According to The Wall Street Journal, he was a timber baron who was one of the wealthiest in America at the time, and either didn't care for his children very much, or he wanted them to learn to live without the money as to not grow up to be spoiled. Now is that time! There are heirs to his fortune that include a number of great grandchildren, great great grandchildren, and one great great great grandchild. His fortune is now worth more than $100 million.

Is this a good tactic? Would it help weed out the spoiled celebrity brats we have running around Hollywood, and reality shows right now???