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A comment on Why do 70% of families lose their wealth in the 2nd generation? (2018). Parent comment

Re:Why do 70% of families lose their wealth in the 2nd gener... by astura on Saturday January 08, 2022 @10:36AM (#29852603)
A 10 million dollar estate should last three generations - the key is it must be managed properly and used properly.

The is obviously not easy, while it's extremely easy to blow through money.

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