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To: SamAdams76
I heard that one of the major investors behind Canary Wharf got his start by inheriting seven commercial buildings. He then developed his real estate empire.


18 posted on 09/28/2023 2:02:44 PM PDT by magooey (The Mandate of Heaven resides in the hearts of men.)
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To: magooey
One of the few exceptions I made note of. Trump is another who did good by his inheritance.

By and large, most recepients of large inheritances squander it away in a life of idleness and excess. Which I guess is their right, but gives me pause with regard to my own children.

22 posted on 09/28/2023 2:11:03 PM PDT by SamAdams76 (6,390,901 Truth | 86,874,940 Twitter)
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To: magooey

I did some work for a company. The old man started off with a dump truck and turned it into a huge profitable company. Now into all sorts of things - development, real estate, mining, etc.

The son and daughter ended up inheriting it. But they were also brought up in the business. They are continuing to grow and expand into new markets.

The company had some employee management team come in for some training. The consultant said that it was one of the few companies that he has dealt with where the kids didn’t end up destroying the business.


24 posted on 09/28/2023 2:16:42 PM PDT by 21twelve (Ever Vigilant. Never Fearful.)
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