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> Most families are back to square 1 after 3 generations. Any sources to back this up?
by frostmatthew 12y ago
> Most families are back to square 1 after 3 generations.
Any sources to back this up?
- sp332 12y agoIt's a common cycle. The saying is "shirtsleeves to shirtsleeves in 3 generations." https://www.moneynews.com/StreetTalk/family-wealth-heir-children/2014/06/25/id/579236/ https://www.moneynews.com/StreetTalk/family-wealth-heir-chil... http://www.cnbc.com/id/101837456 http://www.cnbc.com/id/101837456