How rich do you have to be to start a family office?
Bloomberg Television·2025-12-02 19:23
a 25,000 square foot mansion with 60 rooms and more than 40 staff. That's been a Harala family solution for staying close and keeping their clan fairly unified for almost 100 years, even as it expands to more than 165 family members. The Harelas built their fortune through a string of international hotels.Like many ultra-wealthy families, they're in the process of starting a family office to manage their finances and affairs. These officers can be as small as one trusted adviser or as large as a full team h ...