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October 19 2019

Wealth at risk in fractured families (The Aust 19/10/19)

Hamilton Wealth News

David Smorgon calls it “The Fractured Family List”.

And he laments how many members of The Australian’s inaugural List of Australia’s richest 250 people are on it.

“There are too many families who should be just on The Australian’s Rich List and not on a Fractured Family list — where there are tensions and conflicts between the families, where they haven’t got their act together, where their family business is at risk of imploding, not because of business reasons, but because of family reasons,’’ he said this week on the sidelines of an address to clients of Hamilton Wealth Management at the Kooyong tennis club.

 

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