Strangers in Paradise: How Families Adapt to Wealth Across Generations
- ISBN-10
- 0615894356
- ISBN-13
- 9780615894355
- Series
- Strangers in Paradise
- Category
- Conflict of generations
- Pages
- 220
- Language
- English
- Published
- 2013-11-01
- Publisher
- Familywealth Consulting
- Authors
- James Grubman, James Grubman Ph D
Description
An astonishing fact is that the vast majority of the wealthy come from middle-class or working-class backgrounds. Born and raised in modest economic circumstances, they find themselves as adults in the wonderful but unfamiliar world of wealth, like immigrants to a new land. Their adjustment is often harder than they anticipate. Yet awaiting wealth's newcomers is an even more daunting task: how to raise children and grandchildren successfully in the family's new world of affluence. Written by a prominent wealth psychologist, Strangers in Paradise takes an innovative approach to the challenges facing wealth's "immigrants and natives." Combining clear reasoning with real-world stories, Strangers in Paradise outlines for the first time how the key process for families of wealth - like all immigrant families - is adaptation.
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