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He noted that his family continued to have the bulk of its wealth in Liberty Media.
Obviously, this has important distributional implications because the average middle-class family has the bulk of its wealth tied up in its home.
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The source of its wealth is under pressure too.
It accounts for the bulk of its Morgan Stanley's wealth management business, which has nearly 17,000 wealth advisers and $1.7 trillion in assets under management.
One way for Prokhorov to secure his franchise was to enhance the fortunes of the company where the bulk of his wealth was concentrated; in 2001, he took over the day-to-day management of Norilsk Nickel as its new general director.
The bulk of his wealth came from capital gains, not salary or actual income.
Mr. Dorwin said he had a new client with the bulk of his wealth in a handful of stocks that had all gone down.
The bulk of his wealth is said to come from currency trading and his Bahamas home is said to have screens showing foreign exchange prices in every room.
The bulk of his wealth is invested in the bank, according to a joint report by The Washington Post and investigative journalists from the organization ProPublica.
Similarly, critics of Mr. Buffett sometimes zinged arrows at him before he announced his plan to give away the bulk of his wealth, using the foundation of his friend Bill Gates to allocate the money.
Packer stepped down as chairman of Crown Resorts, the $9bn company that represents the bulk of his wealth, in April, and resigned from the board in December, saying he wanted to focus on development projects in Sydney, Melbourne and Las Vegas.
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