{"id":174,"date":"2016-04-15T04:03:16","date_gmt":"2016-04-15T04:03:16","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=174"},"modified":"2025-12-31T09:44:10","modified_gmt":"2025-12-31T09:44:10","slug":"a-study-on-the-sustenance-of-wealth","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/","title":{"rendered":"A Study on the Sustenance of Wealth"},"content":{"rendered":"<div>\n<p>As per a new report released by Ahmadoff &amp; Co., titled \u201cA new look at old wealth\u201d family businesses will become the focus in emerging markets. The shift in legacy industrial production to cheaper resource rich markets has created a new breed of billionaires. However Asian families have often failed to keep the wealth in the family, even though their purpose vehicle was a family business. In contrast, Latin American and Middle Eastern families were able to remain in the Forbes Billionaires list in subsequent generations.<\/p>\n<p>The study tracked the wealth and lives of individuals in the Forbes Billionaires list of 1996. The research purpose was to define how billionaires\u2019 wealth is sustained, used, and distributed over a 20-year period, both during their lifetime and after their death, both individually and within their families. After twenty years, the study found that billionaires whose wealth came from technology, the financial sector and natural resources were able to sustain their wealth. Meanwhile diversified groups, agriculture, and the food industry were businesses found most conducive to the successful transfer of wealth through the generations. Interestingly, political involvement played an important role in billionaires whose wealth derived from natural resources, followed by those in diversified groups.<\/p>\n<p>Among the social trends, the study found that, family size of billionaires has decreased from generation to generation, leading to a decrease in wealth dilution in future. However, small families suffered from a lack of choice among heritors. Hence although meritocracy is at risk, it signals the concentration of wealth in fewer hands.<\/p>\n<p><i>Source: <\/i><a href=\"http:\/\/www.forbes.com\/sites\/shelliekarabell\/2016\/04\/10\/billionaires-more-wealth-in-fewer-hands-growing-philanthropy\/3\/#2277bfc89201\"><i>http:\/\/www.forbes.com\/sites\/shelliekarabell\/2016\/04\/10\/billionaires-more-wealth-in-fewer-hands-growing-philanthropy\/3\/#2277bfc89201<\/i><\/a><i><\/i><\/p>\n<\/div>\n<p><i>\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As per a new report released by Ahmadoff &amp; Co., titled \u201cA new look at old wealth\u201d family businesses will become the focus in emerging markets. The shift in legacy industrial production to cheaper resource rich markets has created a new breed of billionaires. However Asian families have often failed to keep the wealth in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Study on the Sustenance of Wealth - Thomas Schmidheiny Centre for Family Enterprise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Study on the Sustenance of Wealth - Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"og:description\" content=\"As per a new report released by Ahmadoff &amp; Co., titled \u201cA new look at old wealth\u201d family businesses will become the focus in emerging markets. The shift in legacy industrial production to cheaper resource rich markets has created a new breed of billionaires. However Asian families have often failed to keep the wealth in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/\" \/>\n<meta property=\"og:site_name\" content=\"Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-15T04:03:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-31T09:44:10+00:00\" \/>\n<meta name=\"author\" content=\"Editorial team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/\",\"name\":\"A Study on the Sustenance of Wealth - Thomas Schmidheiny Centre for Family Enterprise\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\"},\"datePublished\":\"2016-04-15T04:03:16+00:00\",\"dateModified\":\"2025-12-31T09:44:10+00:00\",\"author\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc\"},\"breadcrumb\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Study on the Sustenance of Wealth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/\",\"name\":\"Thomas Schmidheiny Centre for Family Enterprise\",\"description\":\"Creating value for families and businesses through research and innovation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc\",\"name\":\"Editorial team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g\",\"caption\":\"Editorial team\"},\"sameAs\":[\"https:\/\/blogs.isb.edu\"],\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/author\/isb_blog_user_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A Study on the Sustenance of Wealth - Thomas Schmidheiny Centre for Family Enterprise","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/15\/a-study-on-the-sustenance-of-wealth\/","og_locale":"en_US","og_type":"article","og_title":"A Study on the Sustenance of Wealth - Thomas Schmidheiny Centre for Family Enterprise","og_description":"As per a new report released by Ahmadoff &amp; Co., titled \u201cA new look at old wealth\u201d family businesses will become the focus in emerging markets. 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