They Grew Up Wealthy But Fear Losing The Family Wealth. They Now Ask Other Rich People, 'How Do You Avoid

The person, who described themselves as a second-generation member of a wealthy family, referenced the old saying, “Shirtsleeves to shirtsleeves in three generations,” and asked others how families can stop inherited wealth from disappearing over time.Why Family Wealth Often DisappearsMany commenters said the so-called “third generation curse” is less about spoiled heirs and more about human nature, family size and lifestyle creep.“Many ultra wealthy families tend to have more kids than middle class families,” they wrote. “So at a minimum, the pie gets divided by more people.” Don't Miss:

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