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Patrick Bet-David on Trump, Iran, and What Chris Cuomo Should Do with the Rest of His Life
The Tucker Carlson Show
Generational Wealth and Family Succession
Generational wealth succession is a delicate process as statistics show a decline in wealth transfer with each generation. Only 31% of wealth makes it to the second generation, dropping to 12% for the third, and drastically diminishing to 3% for the fourth generation. This trend highlights the complexities and challenges that wealthy families face in ensuring a successful transfer of wealth and business through multiple generations.
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