In 1959, Joseph P. Kennedy transferred $4 billion into a series of family trust. Since then, instead of investing the money and running businesses, his children and grandchildren have spent it. That is why they sold the Merchandise Mart. There is now only about $100 million left. Since none of legatees work or even know how to work, divided among 65 people, there's not enough to be running political campaigns.
And so will soon end the Kennedy era.