Generational Wealth

From Riches To Rags In Three Generations: Managing Generational Wealth Checklist

When discussing multigenerational wealth it is common to come across proverbs that acknowledge the fact that generational wealth typically won’t make it past the third generation. In the United States the saying goes, “from shirtsleeves to shirtsleeves in three generations.” [i] In China it is said, “rags to rags in three generations.” [ii] Generational wealth

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