Core Insights - The article emphasizes that high-net-worth individuals (HNWIs) focus on strategies to grow their wealth and ensure its transfer to future generations, highlighting the importance of financial literacy and strategic planning [1][2]. Group 1: Strategies for Building Generational Wealth - Educating future generations is crucial, as financial literacy forms the foundation for maintaining wealth. HNWIs prioritize teaching their heirs about investments, tax efficiency, and wealth stewardship [3][4]. - Disciplined investing is a key strategy, where wealthy families invest consistently with a long-term perspective, focusing on income generation and tax-efficient investing [5]. - Building a collaborative financial team is essential for managing complex wealth. Ultra-high-net-worth families employ a team of professionals, including financial planners, tax strategists, estate attorneys, and investment specialists, to ensure tax optimization and alignment with long-term goals [6][7].