Why inherited wealth goes to waste easily - News Summed Up

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Why inherited wealth goes to waste easily


A couple of years earlier, the scions of two leading political families were captured shooting cash cannons in the air. ALSO READ: Wahu Kenyatta’s land left to church, daughterAccording to Williams Group, a wealth consultancy based in the US, 70 per cent of wealthy families lose their wealth by the second generation. Land potentialFor a country whose back-bone is in agriculture, it is a truism that the bulk of our wealth is in land. Whoever inherits this brand, with political acuity and hard work, will have a place on the national stage. They are no longer going to give the wealth of their votes to those who have no hard work ethic.


Source: Standard Digital April 20, 2018 08:03 UTC



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