There is, but it’s basically made up to support the notion that it’s very difficult to stay rich. It’s actually very rare for subsequent generations to lose inherited wealth, it just gets partitioned out so there are dozens or hundreds of rich people instead of one disgustingly wealthy individual.
Similar to lottery winners losing everything, it makes a much bigger headline when one loses everything despite it being incredibly uncommon.
It wasn’t until I got to the cigarettes and cunts as currency that I realized this was not a particularly hardcore monologue from Gravity Falls, a popular show I had not watched, but Gravity’s Rainbow. Great excerpt though.