The Dynasty Paradox: Why Building Wealth Across Generations Demands More Than Money
History is crowded with families who built extraordinary fortunes and then watched them dissolve within three generations. The pattern is so consistent that researchers have given it a name: 'shirtsleeves to shirtsleeves in three generations.' This piece argues that enduring family wealth is not primarily a financial engineering problem—it is a governance, values, and succession challenge that demands an entirely different kind of planning.