How did the rich Victorians stay rich?

Answer 1

Rich Victorians often maintained their wealth through a combination of inherited fortunes, savvy investments, and ownership of profitable businesses, particularly in industries like textiles, railroads, and coal mining. They also engaged in practices such as land ownership, which provided rental income, and utilized financial instruments like stocks and bonds to grow their capital. Additionally, the social and economic structures of the time, including limited taxation and favorable legal frameworks, allowed them to preserve and expand their wealth across generations.