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Consuelo Vanderbilt Costin is aiming to draw in other family members to her House of Vanderbilt investment firm.
The richest families in America have reached billion-dollar fortunes in different ways — from publishing and cosmetics to retail and hotels.
The expected “great wealth transfer”— with $93 trillion in assets changing hands—may be less dramatic than headline figures suggest.
Passing down wealth without passing down the literacy to manage it is how a fortune becomes a cautionary tale. Charline Burgess, a Morgan Stanley Executive Director specializing in...
The founder of a family office shared how he speaks to his children and clients about inheritance and finances.
Dallas business mogul Darwin Deason sold Affiliated Computer Services to Xerox for $6.4 billion in 2010. With such a big windfall to manage, the late billionaire beefed up what has...
The wealthy are seeking out household staff to help manage their lives.
A bride from South Orange becomes a "descendant of William of Orange." A financier's son gets a custom family crest and a castle in Scotland. In this archive "Isn't That Rich?" col...
The Hunt family, one of America's wealthiest families, is best known as the owners of the Kansas City Chiefs, but their fortune was built in oil.
This private, invitation-only salon will convene family offices, executives, investors, founders, advisors and institutional partners to advance Black American wealth-building, own...
"My father gave me a small loan of a million dollars."View Entire Post ›
Five generations after Frank C. Mars began making candy in his kitchen, his descendants remain among America’s wealthiest families.
Private tuition fees now top $30,000 a year, pushing more families to rely on early inheritances and trust funds from grandparents
Sustaining wealth across generations requires clarity of purpose, engagement and preparation.
Die reichsten Familien der Welt gewinnen über ihre Investitionsstrategien zunehmend an Einfluss. US-Großbanken wie Goldman Sachs bieten ihnen Zugang zu exklusiven Deals.
Luigi Mangione’s family and their wealth have drawn attention since his arrest in the killing of UnitedHealthcare’s CEO.
As rivals struggle with weaker luxury demand, Hermès’ tightly controlled production and family ownership continue to protect its growth.
"Unfortunately for Stroll, money doesn't buy talent."View Entire Post ›
A greater share of companies passed down to family members could be a sign of greater wealth concentration and the power of private markets.
Happy families are all alike; every unhappy family is unhappy in its own way-- Leo Tolstoy, Anna Karenina
The fight for control raises bigger questions about succession planning.
One of America’s richest families—thanks to stakes in mall giant Simon Property and the NBA’s Indiana Pacers—is fighting over a decades-old real-estate investment company.
Families face mounting pressure to consolidate wealth across generations while estate planning remains fragmented and vulnerable to legal disputes. Multigenerational living arran...
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