3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP530: The Top 5 Billionaire Books w/ Richard Wilson

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

What Is a Family Office?

Dan Sullivan: It seems like as you become ultra wealthy, it's inevitable almost to set up something called a family office. He says there are three types of family offices; they're virtual, single and multifamily. But some people who are really just raising capital say, "We have a family office," he says.Sullivan: We have to watch out for legitimate one versus one to try to look like one but are really just an investment company.

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