The great wealth transfer: Why many Asian family businesses may not survive
The coming decade will be a critical test for Asia's entrepreneurial families. Those who proactively bridge the generational divide and professionalize their approach will see their legacies endure. Those who don't risk seeing a lifetime of work dissipate.
A massive transfer of wealth is underway in Asia, but a new study suggests a significant portion of it may not reach the next generation intact. The challenge isn't a lack of money, but a fundamental disconnect in how founding generations and their heirs view the future of their family empires.
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