Navigating Wealth Beyond Rich Lists

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In this article on &Simple, David takes a critical look at ‘rich lists’.

  • Despite their purported acclaim, ‘rich lists’ present a number of limitations in accurately ranking individuals based on wealth.
  • Along with other various issues, there is an oversight of important factors such as debt and liquidity in measuring wealth.
  • For family offices looking to address dynamics amongst generations, centring a conversation around “family capital” might be useful, emphasising non-financial aspects of well-being that contribute to overall prosperity.

The post Navigating Wealth Beyond Rich Lists appeared first on David Werdiger.

source https://davidwerdiger.com/2023/09/navigating-wealth-beyond-rich-lists/

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David Werdiger, writer, speaker, adjunct professor, revolutionized cloud-based recurring billing as he migrated from his second-generation family business to C-level technology growth company roles. He is a frequent speaker at International Society of Private Wealth Network events, presents case studies at private HNWI events, and public national conferences. Werdiger is a #1 International Best-Selling author of the book ‘Transition; How to Prepare Your Family and Business for the Greatest Wealth Transfer in History’ and Founder of the Nathanson Pearson Family Office in Melbourne Victoria Australia. Today Werdiger works from the #nextgeneration of EY Family Office Guide 2019 as the bridge between generations through The Nathanson Pearson Family Office Advisory. Utilizing technology tools like his exclusive Business Succession Risk Assessment (BSRA) programs and his Bridge Between Advisory Services (BBAS). Learn more about David Werdiger and his Programs of excellence at and on social networks @dwerdiger and @davidwerdiger.https://davidwerdiger.com

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