Wealth of Wisdom
Jay Hughes – What Does the Future Hold for Families with Significant Wealth?
Jan 16, 2019
Jay Hughes, founder of family wealth, discusses the importance of elders in generational success. He explores the true meaning of 'shirtsleeves to shirtsleeves in three generations' and the practices families need to adopt for future success.
39:01
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Quick takeaways
- Generational legacy requires intentional efforts to sustain family connections and traditions.
- Wealth extends beyond financial assets, emphasizing family relationships and values for long-term prosperity.
Deep dives
Importance of Family Legacy and Continuity
Creating a generational legacy and continuity within families, especially in managing wealth, is crucial. Jay Hughes emphasizes the significance of understanding and overcoming challenges faced by families with significant wealth over multiple generations. He highlights the importance of intentional efforts to sustain family connections, traditions, and knowledge through rituals and ongoing learning processes.
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