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It is certain, unless, the inherited land owners also possess intellect and competence. In which case they would end up with them anyway.
Also, remember that it is impossible to make a sustainable fortune by transferring wealth. Wealth must be created for economic success.
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Why is it certain? You seem to be talking only on faith.
If my bargaining position is better than yours I will tend to get more out of the deal than you. If this is continually reinforced I will tend to stay ahead of you and probably build on the gap, particularly if I have as large a head start as alot of colonial grandees.
I could give a brief over view of just what this means in relation to land and the transactions involved but for now this will do.