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From Rags to Riches And Back Again: Why Most Wealth Disappears in Three Generations
There’s an old saying: “Shirtsleeves to shirtsleeves in three generations.” It’s a universal truth, 90% of wealthy families lose their wealth by the third generation. Why? Because they confuse riches with wealth. Because they build castles without foundations. Because they assume legacy is about money instead of mindset. But here’s the real question: What if you’re starting from nothing? What if you didn’t grow up with wealth, but you’re determined to build something that la
Tom Kooy
Mar 15, 20255 min read
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