Description
Book SynopsisSelected as one of Motley Fool's 5 Great Books You Should Read
Advice on managing your wealth from bestselling author Bill Bonner
From trusted New York Times bestselling author Bill Bonner comes a radical new way to look at family money and a practical, actionable guide to getting and maintaining multigenerational wealth. Family Fortunes: How to Build Family Wealth and Hold on to It for 100 Years is packed with useful information, interwoven with Bonner''s stories about his own family''s wealth philosophy and practices.
A comprehensive guide that shows how families can successfully preserve their estates by ignoring most of what people think they know about the rich and, instead, training and motivating all family members to work together toward a very uncommon goal. This book is a must-read for all individual investorseven those who do not plan to leave money to their childrenbecause it challenges many of the most ubiquitous principl
Table of Contents
Preface ix
Acknowledgments xxi
Introduction: Families That Won’t Fail and Money That Won’t Die 1
Chapter 1 Who Ya Gonna Call? 7
Chapter 2 The Family 35
Chapter 3 What About the Money? 73
Chapter 4 Making Your Fortune in Business 119
Chapter 5 Making Your Fortune in Investments 153
Chapter 6 Our Beta Bets 191
Chapter 7 Hard Structures 215
Chapter 8 Creating Prosperity for Generations 249
Chapter 9 Families with Money 275
Chapter 10 The Family Stronghold 295
Notes 307
About the Authors 313
Index 315