re: OT Ballers, what are you doing to ensure that your kids attain baller status too?

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ndeed, 70% of wealthy families lose their wealth by the second generation, and a stunning 90% by the third, according to the Williams Group wealth consultancy.

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There are cases where it is truly "lost," but in many cases it is really being dispersed. If a wealthy couple has three children and each of those children each have kids of their own, what happens is that the wealth gets spread out among the descendants and is less concentrated. This sis natural and healthy. I think these stats are misleading.