The number of high-net-worth and ultra-high-net-worth individuals (UHNWI) is growing. A considerable percentage of these populations is made up of entrepreneurial families who’ve created wealth by developing their businesses. For the majority, there is a distinct contrast between how they manage their business versus how they manage their wealth.
What’s perplexing is that the very entrepreneurs who’ve spent years tirelessly professionalizing their businesses and generating wealth, often pay considerably less... Read full article hereThis post originally appeared on Francois Botha.