Summary:
The book provides strategies for high-net-worth individuals to manage and preserve their wealth across generations, covering investment principles, family governance, and financial education. It emphasizes the importance of creating a long-term plan that includes asset allocation, diversification, and succession planning to ensure the sustainability of wealth.
Key points:
1. Family Vision and Values: Lucas stresses the need for a clear family vision and values to guide wealth-related decisions, align goals, and prevent conflict.
Books similar to "Wealth":
The Soul of Family Business
Tom Hubler
The Perfect Day to Boss Up
Rick Ross
Picture Your Prosperity
Ellen Rogin|Lisa Kueng
Good Money Revolution
Derrick Kinney
The Next Millionaire Next Door
Thomas J Stanley PhD
This Could Be Our Future
Yancey Strickler
Investing with Purpose
Mark Aardsma
The Old Money Book
Byron Tully
Second Chance
Robert T. Kiyosaki
Go Long
Dennis Carey|Brian Dumaine|Michael Useem|Rodney Zemmel