The world's richest family is how to take care of the hands of the huge wealth? Now, with Walton global family alliance in the family of 138 enterprises for investigation and interview on 40 families of power, finally solved this can let the industry interested, and puzzled question, the answer is: a special mechanism in the management of their wealth.
For many of the world's richest family, single family office plays an important role in their investment strategy. Single family office manages the allocation of assets of the family financial, but also often provide other services, such as the arrangement of the children in the family to apply for University, the family hired staff, or the management of the family team or private aircraft. At present, there are about 1000 single family offices are in operation around the world, and its service object is the assets of not less than 100000000 dollars richer family. More than half of these single family offices, more than $1000000000 to provide financial services for the wealth of the family.
But be like a lion to the outside world, these entities are still covered with a layer of mysterious veil. The latest surveys show Walton business school, an important portfolio family offices in the management of the wealthy family, guiding significant for their philanthropic activities, as well as a continuation of several generations of the core property etc., plays a very important role.
The Walton School of management professor Rafi Amit said that a family with at least $100000000 in assets, is worthy of the establishment of a single family office, the operation cost is usually $3000000 a year or so.