What Happens When Billionaires' Children Inherit

  • 📰 Forbes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

What happens when billionaires' children inherit?

It is not always about beautiful homes, lush holidays, and expensive educations. When sons and daughters of wealthy families inherit their entitled fortunes, there are often dramatic side effects. And this is causing many-a-billionaire to re-think what they leave behind.Imagine being given everything you could ever want from a young age. The best education, holidays and homes, then told you never really need to work because your family has more than enough money.

“I've worked with next-generation family members who say ‘why go to university, what’s the point? No one's going to be impressed with what I do, because my entrepreneurial parents have nailed life,'" says Lucy Birtwistle, aHer work often involves meeting with these disenfranchised children and trying to find their purpose and vision."Each individual needs a purpose, a reason to get up in the morning".

"I have a client who would be checking her phone every minute. I had to tell to switch the social media off," Loder says of one of his clients who has"more money than she knows what to do with."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They make sextapes for publicity. 🤣

Some post don't need a comment just imagine the whole thing in your head

They don't have to work at a soul crushing job...that's what happens!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Opinion | When’s the Next Housing Crisis?Opinion: Anyone hoping it will be a long time before America’s next housing mania has to be concerned about a revival in a particular type of risky lending, writes FreemanWSJ FreemanWSJ As long as the finance guys are allowed the freedom around what they consider 'innovation', the systemic risks that are and will be created are a given! We need regulatory management with an ability to limit risk driven funding.. FreemanWSJ Who were the losers in the last meltdown? Not the leader of the big banks and government agencies, it was the overextended home owners, contractor, and taxpayers. Next round, shame stuff. Congress is back in power, let them eat dirt. FreemanWSJ Bank regulations were set in place along with President Trump's deregulation program that would prevent that from happening
Source: WSJ - 🏆 98. / 63 Read more »