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“Shirtsleeves to shirtsleeves in three generations.”
“富不过三代。”
That maxim haunts wealthy matriarchs and patriarchs around the world: describing the risk that hard-won entrepreneurial riches end up being squandered after they pass to grandchildren. And research shows that there is truth in it: 70 per cent of families that create wealth have lost it by the second generation, and 90 per cent lose it by the third generation, according to a 20-year research project by US-based consultancy Williams Group.
这句话一直困扰着世界各地富有的族长:描述了来之不易的创业财富在传给孙辈后最终被挥霍掉的风险。根据美国咨询公司Williams Group一项为期20年的研究项目,这种说法不无道理:在创造了大量财富的家庭中,有70%到第二代失去了财富,有90%到第三代失去了财富。