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Family Wealth--Keeping It in the Family
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Family Wealth--Keeping It in the Family
Himself a sixth-generation lawyer, Hughes describes how to create a dynasty. A family's primary wealth, he says, is human capital and intellectual capital—that is, everyone in the family and everything each of them knows—and only secondarily financial capital. He explains how to establish internal practices and ethics to make the fortune grow.
 
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Tags: Family, capital, fortune, ethics, practices, secondarily, financial, knowsmdashand