Hidden Challenges within Family Businesses | CNBC Interviews Founder
TIGER 21 Founder and Chairman Michael Sonnenfeldt discusses the difference between first-generation wealth creators and their children, as well as how TIGER 21 Members are handling preserving wealth within their family with CNBC journalist, Eric Rosenbaum, in this article on family business and the unseen emotional challenges in succession planning.
Passing on a business can be like a lead weight around the neck, not in every case, but the general notion that it’s very hard to pass operating companies to the next generation is substantially correct
Michael Sonnenfeldt, TIGER 21 Founder and Chairman
About TIGER 21
TIGER 21 is the premier peer network helping HNWIs and family offices navigate the challenges and opportunities that success creates. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla sed nisl quis quam vestibulum consectetur. Ut semper pulvinar libero vel semper.
Explore the TIGER 21 Member ExperienceMember Insight Reports
Asset Allocation Report Lorem ipsum dolor sit amet, consectetur eu ante adipiscing elit.
Download ReportLife after selling a business Nulla sed nisl quis quam vestibulum isus.
Get AccessEtiam Vivamus eu ante eget risus porta bibendum. Nulla sed nisl quis quam vestibulum curabitur.
Read the white paper
Investment
Market Outlook
Member Insights
