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Why Do 70% of Families Lose Their Wealth in the 2nd Generation?
- sharemywin 3y agoI would really like to see a study on this. I bet there's a threshold. Aren't there a lot of trusts that hold wealth for virtually forever?
- rektide 3y agoIt's really hard to raise authentic people that make great decisions. Especially when they have grown accustom to luxury. It's a damned good thing the slope is slippery. Alas there are plenty of dynastic families that will stay far above the earth for a long long time. Those who have happened into owning businesses with solid core fundamentals.