BERLIN– Old-money households in Europe are looking for new-technology financial investments as they look to reinforce their financial returns and, increasingly, remake their business.
Europe has a greater proportion of fortunes managed by successors, not innovators, than do the U.S. or Asia, according to a research study from the Peterson Institute for International Economics. And a lot of those riches are connected to aging business. As much as 80%of European household wealth is from one, typically illiquid possession, stated Thomas Zellweger, a professor of management …
%%.
source https://jobsearchtips.net/europes-old-money-mingles-with-tech-startups/
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