ORGAN Housel, a venture capitalist and a great author, keeps saying 'Getting Rich is easy, staying rich is tough'. I had to speak to a bunch of successful business people (including professionals like doctors and advocates) and I told them the following:
• The worst thing a rich man can (should) do is to get divorced. It is the most expensive thing you can ever buy. It destroys the family and your balance sheet too.
• Bringing up children in this environment is art, science and luck! This has nothing to do with money, but everything to do with money values. What values you have and what you are able to give to your children is a huge, huge challenge!
This story is from the November 18, 2024 edition of The Morning Standard.
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This story is from the November 18, 2024 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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