Daybreak When India’s billionaires fight over legacy, who do they call?
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Aug 31, 2025 Dive into the intriguing dynamics of wealth transfer in India, spotlighting high-profile family feuds like the Ambani rivalry. Discover the emerging role of succession coaches, who blend mediation and strategy to preserve family legacies. As over 850,000 millionaires look to hand over their fortunes, learn how heirs are shifting focus from business involvement to wealth management. Explore the complexities and critical strategies that will shape the future of family enterprises in a rapidly changing economic landscape.
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Creative Compromise For Stubborn Patriarch
- A Tamil Nadu founder refused to retire, trapping six siblings in leadership limbo.
- Consultant Arundaya Niti created a new entity, made the founder head and set retirement at 60 to defuse the conflict.
Succession Is A Family-Wide Process
- Succession planning blends therapy, grooming, mediation and long-term strategy.
- Coaches must engage whole families because plans fail if any generation refuses to participate.
Take Meetings Off-Site To Keep Talks Alive
- Hold first-generation and heir meetings off-site to reduce storming off and defensiveness.
- Keep coaxing absent members back because decisions require everyone at the table.