#family-governance

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#estate-planning #wealth-transfer #philanthropy #family-wealth #intergenerational-wealth #well-being
fromBusiness Insider
1 week ago

I'm a multimillionaire and am making my 4 kids get careers before I reveal my extensive wealth to them

I had a family, at least in part, to create what I never had: a home with love. My parents were not good people - we'll leave it at that. We were middle-class, and while they had the money to support me, they didn't, financially or otherwise. That's part of where my drive came from. I was bullied in school and penniless in college. I had to make my own way.
Business
Business
fromBusiness Insider
3 weeks ago

Why most rich families lose their fortunes, and how they can avoid it

Sustained family wealth depends on cultivating five types of capital—legacy, human, intellectual, social, and financial—to preserve well-being across generations.
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