Most family wealth doesn’t survive 3 generations:
• 70% of wealth lost by the 2nd generation
• 90% of wealth gone by the 3rd generation
• <10% of wealth makes it to the 4th generation
Source: Williams Group study, 2002 (cited in Preparing Heirs, 2011)
• 70% of wealth lost by the 2nd generation
• 90% of wealth gone by the 3rd generation
• <10% of wealth makes it to the 4th generation
Source: Williams Group study, 2002 (cited in Preparing Heirs, 2011)
March 4, 2025 at 5:32 AM
Most family wealth doesn’t survive 3 generations:
• 70% of wealth lost by the 2nd generation
• 90% of wealth gone by the 3rd generation
• <10% of wealth makes it to the 4th generation
Source: Williams Group study, 2002 (cited in Preparing Heirs, 2011)
• 70% of wealth lost by the 2nd generation
• 90% of wealth gone by the 3rd generation
• <10% of wealth makes it to the 4th generation
Source: Williams Group study, 2002 (cited in Preparing Heirs, 2011)
Nigeria’s per capita income has dropped to a projected $835 per annum, its lowest level in 20 years, comparable to 2004. This marks a 74% decline from the 2014 peak of $3,220, showing the steep decline in living standards for the average Nigerian.
February 8, 2025 at 8:36 AM
Nigeria’s per capita income has dropped to a projected $835 per annum, its lowest level in 20 years, comparable to 2004. This marks a 74% decline from the 2014 peak of $3,220, showing the steep decline in living standards for the average Nigerian.
Just watched Marc Rowan of Apollo Global Management [~$700B AuM] on the In Good Company podcast by Norges Bank.This interview is a masterclass in leadership and the asset management industry—covering vision, execution, structural shifts, market insights, and what makes Apollo unique.Great interview.
Marc Rowan - CEO of Apollo | Podcast | In Good Company | Norges Bank Investment Management
YouTube video by Norges Bank Investment Management
https://youtu.be/yOoJd58jERw?si…
January 24, 2025 at 8:02 AM
Just watched Marc Rowan of Apollo Global Management [~$700B AuM] on the In Good Company podcast by Norges Bank.This interview is a masterclass in leadership and the asset management industry—covering vision, execution, structural shifts, market insights, and what makes Apollo unique.Great interview.
