Three pillars that hold family wealth

Leadership capabilities and expertise are needed now more than ever as young business leaders attempt to formulate and execute contingency plans. PHOTO | COURTESY

Whereas, the world has undergone an epochal shift from an industrial age to that of information, the formula to wealth creation and retention is yet to be discovered.

However, successful wealth creation and retention can be premised on three inextricable parameters, namely sound intellectual framework, control of emotions and access to resources, information and opportunities.

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Note: The results are not exact but very close to the actual.