A family dynasty is defined as a cohesive economic entity where the perpetuation of family wealth, values and objectives lasts for five or more generations. As the research is based on a worldwide sample, we find the appeal of family dynasties is extensive and widespread. For example…“In working with families from Singapore, China, and Korea, who have wealth with family inside and outside their home countries, we find that many of them are interested in the concept and want to know what steps they can possibly take to pass on their legacies across multiple generations,” says Aaron Yen, Senior Partner, Ascendent LLP. “For many of theses families, creating a family dynasty is a high agenda concern.”
