At Gibney, caviar arrives on fried potato in a pearl shell. From the Kailis and Narula stories to Jay Hughes and Marcus Aurelius, this essay asks what family wealth is meant to preserve, and which ship must burn.

It was 2016. A glass-walled conference room, all clean lines and whiteboards and the faint smell of filtered air and corporate ambition. Perth spread out below through the window; the Swan River, the city, all of it arranged at a distance that felt, as it always does in these buildings, like a form of authority. Five of us around the table. And on the screen at the end of the room, live-streamed from Harvard Business School, Rosabeth Moss Kanter, one of the genuinely great mi