Episode 52 - Thoughts on the book Fortune's Children and the concept of generational wealth

16/01/2022 30 min Episodio 52
Episode 52 - Thoughts on the book Fortune's Children and the concept of generational wealth

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Episode Synopsis

I recently read Fortune's Children: The Fall of the House of Vanderbilt by Arther Vanderbilt.  I recap the story of how the Vanderbilts went from the richest family in America to having nothing left within 100 years.  It would be like if you passed $4 BILLION dollars to your family and it was all gone by your grandchildren.  Reading this book got me thinking about estate planning and the concept of generational wealth.  I discuss my thoughts on it, the importance of wills and what we can do to really help our kids after we pass.  I hope you enjoy the show. -Brad---Email: [email protected]: @bradrykalIf you like the show - subscribe, leave a review or tell a friend. ---Email: [email protected]: @bradrykalBlog: https://bradrykal.blogspot.com/If you like the show - subscribe, leave a review or tell a friend.