Why 70% of Rich Families Go Broke By Generation 3 (Will Yours Survive?)

About this episode

The episode explores why wealthy families often lose their fortunes by the third generation and discusses the importance of systems, ownership, and governance in maintaining wealth.

Why do wealthy families lose their fortunes by the third generation? 🤯 Learn the first-principle reason fortunes fail, and how systems, ownership, and governance make wealth last.

People in this episode

Host: The Kitti Sisters

Topics covered

• wealth preservation
• generational wealth
• family governance
• financial systems
• wealth management

Keywords

• rich families
• generational wealth
• wealth management
• financial systems
• family governance

Mentioned in this episode

Organizations: First of the Family

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