What happens when billionaires' children inherit?
It is not always about beautiful homes, lush holidays, and expensive educations. When sons and daughters of wealthy families inherit their entitled fortunes, there are often dramatic side effects. And this is causing many-a-billionaire to re-think what they leave behind.Imagine being given everything you could ever want from a young age. The best education, holidays and homes, then told you never really need to work because your family has more than enough money.
“I've worked with next-generation family members who say ‘why go to university, what’s the point? No one's going to be impressed with what I do, because my entrepreneurial parents have nailed life,'" says Lucy Birtwistle, aHer work often involves meeting with these disenfranchised children and trying to find their purpose and vision."Each individual needs a purpose, a reason to get up in the morning".
"I have a client who would be checking her phone every minute. I had to tell to switch the social media off," Loder says of one of his clients who has"more money than she knows what to do with."
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