A weekly collection of news and highlights. Included this week:

Great Wealth Transfer is rattling Wall Street
Colossal family wealth in India
AI bets that Bezos’ family office making
China makes moving wealth abroad harder
Taking a global approach to talent
Living Large: Louis Vuitton classic car rally in Italy

𝕏 highlights

Colossal family wealth in India.

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Inside America’s $500 billion family.

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Generational wealth gap.

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Tiers of wealth.

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The AI bets Jeff Bezos’ family office is making.

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The true cost of owning a yacht.

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reddit highlights

How do you cope with losing it all?

in highlights

Co-investment considerations for SFOs.

Co-investment trade-offs for single-family offices

Our latest insight explains how co-investments work, the potential benefits and drawbacks, and the capability gaps family offices should evaluate before following a general partner…

China makes parking wealth abroad harder.

China Cracks Down on Cross-Border Capital Flow

Big Take here: Beijing has rolled out its clampdown on cross-border capital flow. We are watching how this is already rippling through Hong Kong — now the world’s top offshore wealth center. Private banks are tightening KYC, mainland clients face stricter wealth source declarations, red-chip IPOs have nearly vanished, and some UHNWIs are exploring second passports…

“Projections show that 55% of global wealth will be commanded by women by 2030.”

Women lead family offices in the Great Wealth Transfer

The Great Wealth Transfer is reshaping how capital is allocated and how family offices evolve. I joined Bloomberg to discuss how women are increasingly stepping into principal roles within family offices — not just as beneficiaries, but as decision-makers driving strategy, governance and long-term impact…

Family Office news roundup

How the Great Wealth Transfer is rattling Wall Street. Is the great wealth transfer a real problem for Wall Street? It could be, with younger heirs less loyal to old-school banks and more interested in crypto, AI, private markets and slick digital tools - Financial Times

Taking a global approach to talent. With investments, families and structures now spread across borders, the best hire may not be local. But cross-border recruitment can bring plenty of trust, culture and compliance issues - Forbes

Family offices use 'purpose of wealth' to prep the next gen. As they get more serious about defining what the family money is actually for, not just how it should be invested, family offices are preparing heirs through giving them purpose, responsibility and a voice, not just a portfolio and a lecture - InvestmentNews

Family office investment decisions - approval is not ownership: Investment decisions can look agreed on, but still fall apart later if the family has not really understood the tradeoffs, which is why advisors need to build ownership - Family Wealth Report

Every family office needs a constitution. Governance, accountability and leadership are critical to building effective family offices and sustaining family wealth across generations, and a constitution is an important element - Outlook Business

AI and the family office approach. Family offices should treat AI as a governance issue, not just a tech upgrade. Sensible advice: use AI, but lock down data, vendors, oversight and investment diligence before anyone gets carried away - Morgan Lewis

Living Large: the finer things in life

Louis Vuitton is holding a classic car rally in Italy. The Louis Vuitton Classic Run started with a drive through the Malaysian jungle in 1993, with subsequent races in China, France, Italy, and Central Europe, before the event wrapped up in 2012. Now the luxury marquee is bringing it back with a rally in the Dolomites this summer - Robb Report

A few weeks back we asked what franchises you were most interested in?

The results: fast food dominated with 45% of all votes, but coffee not far behind. There were a few interesting ‘Other’ suggestions, including MRI franchises.