Wealth Inheritance

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Grant Cardone Says That 70% Of Wealthy Families Lose Their Wealth By The Second Generation. 'It Was Never Taught, Only Inherited'
Yahoo Finance· 2025-09-25 15:46
Saving and investing money throughout your life and setting your children up with a nice inheritance does not guarantee they will manage the money responsibly. It's similar to how many lottery winners end up broke, and real estate investor Grant Cardone revealed why that's the case. "70% of wealthy families lose their wealth by the second generation – because it was never taught, only inherited," he said in an X post. Cardone shared some ways to approach money that can help you build an inheritance for ...