Half of the money was left without a role in parents ‘ business


www.vsyako.netPhoto: Dmitry Azarov / Kommersant

Almost half (48 percent) of children of rich and successful parents had not received any role in the family business. This is evidenced by a joint study of the Organization of young investors (Young Investors Organization, YIO) and one of the largest investment banks of Credit Suisse. A copy of the report available to the “Tape.ru”.

About 22 percent of the children of the rich received a low management positions in the structures of the family business, a little less, 21 percent were promoted to management positions senior management; 7 percent of children received basic positions in the family business, approximately 2% work in the family business as trainees.

In total, the study involved about 200 children a successful entrepreneurs, businessmen and top managers, who have created their own business. About the presence of the family business said 82 percent of respondents, 18 percent of the current family business was not. The sample respondents were 24 to 44 years old, it means that children of successful people in the second and third generations.

However, about 39 percent of children of the rich have admitted that they intend to obtain control over the family business when the time comes. Almost a third, 30 percent, was too shy to declare its intention to take control of the family business, noting that in the family until this issue was discussed 21 percent firmly refused to participate in the family business and 10 percent of respondents admitted that they have already taken over the family business.

Those who did not involved in the family business, the majority (26 per cent) admitted that it intends to develop its own career. 23 percent of respondents admitted that they would like to working experience on the side, regardless of the family business to later join the family business.

The same number of respondents said they intended to join the family business in the future, 17 percent pointed to the fact that it is not involved in the family business, to avoid conflicts. Only 3 percent of respondents admitted that they are not perceived as an equal, so they are not interested in the family business, 8 percent cited other reasons for the rejection of the family business.

Of all respondents, successors, only 39 percent said that play an active role in achieving family well-being. The majority (61 per cent) admitted that such a role they have.

Video, photo All from Russia.


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