3 ms·
I remember reading somewhere that one of the latest generation of the Du Pont or Rockefeller family were somewhat surprised to find out that their trust was jus
by ryanwaggoner 17y ago
I remember reading somewhere that one of the latest generation of the Du Pont or Rockefeller family were somewhat surprised to find out that their trust was just a few million dollars, due to the fortune being spread across so many descendants. And I would guess that many family wealth managers focus more on capital preservation and income than growth, so inflation eats away at fortunes over time.