Vimeo
LinkedIn
Instagram

Campden NXG

As revealed in The 2023 North America Family Business Report from Campden Wealth and Brightstar Capital, considering board Next Gens’ experience, insight and opinion is vital to ensure future success.

As revealed in The 2023 North America Family Business Report from Campden Wealth and Brightstar Capital, considering board Next Gens’ experience, insight and opinion is vital to ensure future success.


The fourth-generation entrepreneur and second-generation angel investor talks about his reasons for not applying an ESG mandate, next-gen impetus and a tax on polluting industries.

The fourth-generation entrepreneur and second-generation angel investor talks about his reasons for not applying an ESG mandate, next-gen impetus and a tax on polluting industries.

The Chinese proverb “Wealth never survives three generations” has an equivalent in many cultures and has appeared in writing over centuries. The international notion that the first generation builds wealth, the second spends and otherwise mismanages it, and the third is left with nothing, isn’t just a platitude, though says Wharton finance professor Richard Marston.

The Chinese proverb “Wealth never survives three generations” has an equivalent in many cultures and has appeared in writing over centuries. The international notion that the first generation builds wealth, the second spends and otherwise mismanages it, and the third is left with nothing, isn’t just a platitude, though says Wharton finance professor Richard Marston.


When I joined my family company a few years ago, fresh out of college, I was determined to work hard and prove my worth, but always had a “Don’t mess this up” post-it stuck at the back of my head.

When I joined my family company a few years ago, fresh out of college, I was determined to work hard and prove my worth, but always had a “Don’t mess this up” post-it stuck at the back of my head.

I am writing as the son of a successful father whose enormous shadow I have tried to wiggle out of for much of my professional life. I write this from a personal perspective of watching my first generation of wealth creators struggle to involve their next-gen in the family business.

I am writing as the son of a successful father whose enormous shadow I have tried to wiggle out of for much of my professional life. I write this from a personal perspective of watching my first generation of wealth creators struggle to involve their next-gen in the family business.

James Packer’s Crown Resorts considers $6.2 billion Blackstone bid, Next-gen hotel heir David Marriott to succeed father Bill Marriott, Grosvenor Estate appoints new family office head in management revamp.

James Packer’s Crown Resorts considers $6.2 billion Blackstone bid, Next-gen hotel heir David Marriott to succeed father Bill Marriott, Grosvenor Estate appoints new family office head in management revamp.

Each family is unique. A concerted effort to understand the complex dynamics which exist within each family, between spouses, siblings and the generations, is an essential first step for family advisers. Without this understanding, it is much more difficult to help a family deal with succession issues, especially in the context of a family business with members sitting on the board.

Each family is unique. A concerted effort to understand the complex dynamics which exist within each family, between spouses, siblings and the generations, is an essential first step for family advisers. Without this understanding, it is much more difficult to help a family deal with succession issues, especially in the context of a family business with members sitting on the board.

From the onset of the new millennium, business leaders have been increasingly interested in ‘purpose’—the idea that they might look beyond the profit motive alone to consider why the business exists and what purpose it serves.

From the onset of the new millennium, business leaders have been increasingly interested in ‘purpose’—the idea that they might look beyond the profit motive alone to consider why the business exists and what purpose it serves. 

Click here >>
Close