How do rich people manage their money? What are China's rich people worried about? An account manager at a private bank tells us about the worries of the rich
China's top rich people are actually of high quality, because most of the current Chinese rich people are the first generation of entrepreneurship, the second generation is not much, after all, before everyone was poor, these first generation of rich people from the cruel competition to kill out, experienced the severe test of the market, incompetence has long been eliminated. And China's rich are generally still relatively young, the average age of billionaires is 56 years old, the average age of the global rich is 66 years old, so the current Chinese rich people are in the year of experience and physical strength, they can still grasp their wealth very well, do not need to use external financial management, but in 10 to 15 years the second generation began to take over, the problem will begin to appear.
The process of making money is ostensibly your money more, but in fact, what is more important is the improvement of your management ability and the accumulation of your personal relationships and business understanding. For example, if you are a rich second generation, now Bai gives you a 50-person enterprise, let you be the boss of the basic personnel allocation of equity allocation, tax and financial planning, will you arrange for Bai to send you a 500-person enterprise to manage the design of the structure, the allocation of business resources, the source of key talents You have no way to get it? Those domineering presidents in the TV series shout and pat the table can be solved, but the reality is much more complicated, IMHO, even if you give everyone a company now, you can't manage it, not to mention that those large enterprise managers with tens of thousands of people need a lot of philosophical thinking, even if you let me manage this kind of company, I know that I can't manage it well.
For the first generation of rich people, these obstacles were overcome in the process of enterprise development, but the second generation and the third generation did not experience such growth many times, and these things could not be taught by teachers, because people with these abilities would not become teachers at all, and it was difficult for parents to teach them themselves. Being an athlete is not the same as being a coach, and teaching others on your own is two things, so the second generation of rich people and those who make windfalls often do not have the ability to master these wealth. This situation is very common in developed countries in Europe and the United States, they have a very mature system to pass on wealth, because they have been rich for many years, so they are quite professional from family offices to family trusts.
So there are many families that have lasted for centuries abroad, the giants, our country has been rich for too short, the wealth inheritance system is immature, many rich second generations directly run to engage in finance and investment, in fact, this is not as good as they spend every day to drink, the real losers around me are not those who go to the bar every day to open a card to do, a month tens of thousands of dollars to raise them is not at all nothing, I am afraid that the rich second generation does not have the ability to go very self-motivated, every day everywhere to engage in financial management, you think about hundreds of millions of assets, Every year, if you just take tens of millions of interest, eating, drinking and having fun is not a loser at all, but if you invest randomly, it will be gone in minutes.
So if you get rich, what to do, I am caiming to pay attention to me, the second part tells you, how rich people manage their money [laughs]