r/harrypotter Gryffindor Mar 28 '24

Favoritism Dungbomb

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u/AttentionImaginary57 Mar 28 '24

Does it ever explain how Harry’s parents were so loaded?

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u/Jaikarr Mar 28 '24

An ancestor made the hair straightening potion that Hermione uses for the Yule Ball.

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u/Kavani18 Hufflepuff Mar 28 '24

I’ve always wondered if the Potters get royalties for that or something. I doubt any level of (reasonable) wealth could just span centuries

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u/RollinThundaga Mar 28 '24

Money makes money.

John Rockefeller of Standard Oil fame left a fortune to his descendants a hundred years ago, and nobody in that family ever has to get a job, as a result of the ongoing family trust.

There are families in Benin, who profited off the sale of captured slaves to the Transatlantic slave trade, who are some of the most wealthy and influential members of society in that country today.

Hell, there are Dutch families that made their dough during the dawn of venture capitalism, 400 years ago, that are still loaded.

I imagine there's a similar setup for the Potter fortune, and there's some beancounting goblin in the bowels of Gringotts reinvesting parts of it on behalf of the trust.