29 Nov 2023
Key Topics
- Importance of identifying the key values behind your, or your family’s success and explaining them to the next generation
- Dealing with family challenges and striving for family stability
- The importance of regular family meetings to install some form of governance process
- Encouraging an entrepreneurial spirit from the next generation
In this episode, Leaving a legacy in Australia: Insights from the Princely Family, LGT Crestone’s Chief Executive Officer, Michael Chisholm, interviews LGT Group’s H.S.H. Prince Hubertus von und zu Liechtenstein.
Prince Hubertus explains how the Princely family has managed to successfully pass its wealth down over 26 generations and 900 years of history. He provides his advice and learnings along the way and explains how these insights apply to Australian families wrestling with the idea of intergenerational wealth and family legacy planning.