Secrets Of Old Money Profile Banner
Secrets Of Old Money Profile
Secrets Of Old Money

@500YearFamily

35,067
Followers
104
Following
221
Media
1,192
Statuses

Build Your Fortune & Strengthen Your Family.

Joined May 2020
Don't wanna be here? Send us removal request.
@500YearFamily
Secrets Of Old Money
2 years
Most parents can't wait for their kids to turn 18. They kick them out of the house to figure out life on their own. Wealthy families know when children turn 18, a new stage of their work begins. They keep them close & guide in life's big decisions: marriage, work & location.
176
2K
13K
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
9
257
2K
@500YearFamily
Secrets Of Old Money
2 years
This account exists to teach the secrets of generationally wealthy families I spent 15 years working with some of the wealthiest families in the US If you want to learn the habits, decisions, and techniques billionaire families use to preserve their wealth Follow this account
Tweet media one
32
171
2K
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
6
128
2K
@500YearFamily
Secrets Of Old Money
2 years
Marriage is usually the cornerstone relationship for a 1st generation wealth creator. This marriage forms the culture for the current & future generations of the family. The alignment, or lack of alignment, between spouses is a massive influence on a family’s wealth.
Tweet media one
14
214
1K
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
5
112
1K
@500YearFamily
Secrets Of Old Money
2 years
The effort that wealthy families put into their children's education would shock most people. I'm not referring to schooling. I'm referring to the family intentionally preparing children to handle whatever life throws at them.
14
156
1K
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
8
107
1K
@500YearFamily
Secrets Of Old Money
2 years
“A man should never neglect his family for business.” - Walt Disney
Tweet media one
12
133
947
@500YearFamily
Secrets Of Old Money
2 years
Profiles In Generational Wealth Today we meet a fascinating family in their 26th generation of wealth preservation. They are a model of intellectual capital, family identity, entrepreneurial innovation, and 1st generation mentality. They are the Antinori Family 👇
Tweet media one
12
144
757
@500YearFamily
Secrets Of Old Money
2 years
Ordinary families think of generational wealth as merely "making money" and "having some kids". But it is very different. Generational wealth requires you to have a family life and a certain family culture. And that takes intentionality and time.
Tweet media one
5
86
711
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
8
83
726
@500YearFamily
Secrets Of Old Money
2 years
May your life's journey be blessed. May you and your family flourish and possess the fullness of joy. May your family tribe increase and prosper for generations and generations.
Tweet media one
6
85
686
@500YearFamily
Secrets Of Old Money
2 years
Profiles In Generational Wealth Today we meet a family in their 7th generation, with an 8th generation rising to take the reins. They are a model of innovation, organization, investment excellence, and longevity in true family wealth. They are the Laird-Norton Family 👇
Tweet media one
30
132
693
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
6
29
678
@500YearFamily
Secrets Of Old Money
2 years
4 Skills To Teach Your Children & Strengthen Your Family For Generations:
Tweet media one
6
114
633
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
2
66
588
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
5
51
576
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
5
47
572
@500YearFamily
Secrets Of Old Money
2 years
Modern society is helping everyone get older, but is not helping anyone become an elder. We have a severe drought of elders today. Families with wise older members to guide younger generations through life are truly wealthy.
9
89
552
@500YearFamily
Secrets Of Old Money
2 years
Profiles In Generational Wealth Today we meet a family that defines the concept of wealth in America more than any other. They are the Rockefellers👇
Tweet media one
27
112
524
@500YearFamily
Secrets Of Old Money
1 year
Profiles In Generational Wealth Today we meet the family behind the oldest private bank in Britain. Now in their 12th generation, they set the gold standard for service: "In an emergency, we would not hesitate to deliver cash to a client's home." They are the Hoare family👇
Tweet media one
13
91
533
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
5
44
497
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
1
60
479
@500YearFamily
Secrets Of Old Money
2 years
Profiles In Generational Wealth Today we meet a family with a stunning rise to wealth and lasting influence on the global stage. They are the Rothschilds👇
Tweet media one
19
102
490
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
14
44
458
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
6
42
446
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
4
64
435
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
1
54
427
@500YearFamily
Secrets Of Old Money
2 years
History shows us that in the end, flourishing families are stronger and more resilient than the nation-state. As we search desperately for "a tribe" to belong to, it may well be that the best and most reliable option is also the one most currently out of favor: Family.
Tweet media one
6
72
421
@500YearFamily
Secrets Of Old Money
2 years
The #1 Trait of Generational Wealth is also the one that will most improve your life: an Ultra Long-Term Mindset. Daily markets and news events won't even earn a mention in your family's history. When your long-term is 100+ years, you prioritize what's truly important.
Tweet media one
6
41
408
@500YearFamily
Secrets Of Old Money
2 years
Profiles Of Generational Wealth Today we meet the family behind the world's longest-running family business: • How did they succeed for 40 generations? • What lead to them to sell in 2006 after 1,428 years of continual operation? Let's dive in👇
Tweet media one
24
115
411
@500YearFamily
Secrets Of Old Money
2 years
To build generational wealth, your children must: 1. Be producers, not consumers 2. Have strong financial & business skills 3. Develop a 1st Generation mindset Tomorrow, I'm showing subscribers the powerful strategy successful families use to stack the deck. Join us below ↓
2
50
416
@500YearFamily
Secrets Of Old Money
2 years
Profiles In Generational Wealth Today we meet a family whose rise and fall has captured imaginations for centuries. The lessons in their success and failure will benefit your family greatly. They are the Medici Family👇
Tweet media one
15
84
400
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
4
35
378
@500YearFamily
Secrets Of Old Money
2 years
Interesting Stats on Family Business: • 30% survive to the 2nd generation. • 12% to the 3rd generation. • Only 3% make it to the 4th generation.
12
37
367
@500YearFamily
Secrets Of Old Money
2 years
You cannot invest your way to generational wealth. You need to own a business. My two reading recommendations for aspiring family business founders👇
6
50
377
@500YearFamily
Secrets Of Old Money
2 years
"Govern a family as you would cook a small fish: very gently." - Chinese Proverb
4
65
370
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
3
27
374
@500YearFamily
Secrets Of Old Money
1 year
Family wealth is a long-term game played by long-term people. To win, you need structures that keep your wealth "in-house". That's why you need a Family Bank. Here's how it works:
10
63
368
@500YearFamily
Secrets Of Old Money
2 years
Most families expect their children and grandchildren to be loyal out of a sense of duty. In today’s world, it takes more than a sense of duty to keep children around. Smart families know they must recruit younger generations to choose the family over all the alternatives.
4
44
353
@500YearFamily
Secrets Of Old Money
2 years
Profiles In Generational Wealth Today we meet the 15th generation family who owns the oldest business in the US. They are the Zildjian family👇
Tweet media one
8
51
359
@500YearFamily
Secrets Of Old Money
2 years
There is nothing that strengthens family culture like time set aside for rest & fun together. It may be a family vacation. A regular day of rest every week. An afternoon off. We pause the constant drive to better our situation & allow what’s important to rise to the surface.
9
43
350
@500YearFamily
Secrets Of Old Money
2 years
Over time, each generation must become competent at being wealthy. These skills cannot be learned in a school setting It's up to the family to train their members & have a culture that encourages their development.
5
51
316
@500YearFamily
Secrets Of Old Money
2 years
In America, most families only go back 1 or 2 generations. It’s rare to find families with traditions and stories older than 3 generations. What causes this?
36
26
312
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
5
34
321
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
1
30
318
@500YearFamily
Secrets Of Old Money
2 years
A family's vacation place is more than a second home. It is a homestead. The place you gather for special & sacred times together. Having a place like this - cottage, cabin, summer house, campground, a favorite resort or hotel - can do wonders for any family.
Tweet media one
8
33
304
@500YearFamily
Secrets Of Old Money
2 years
You need this one Old Money Family skill that will set up your children and grandchildren for LIFE. Give me 2 minutes to explain the secret to how Old Money Families keep and grow their wealth for a 100+ years: "Knowing The World Of Work."
Tweet media one
10
28
296
@500YearFamily
Secrets Of Old Money
2 years
In 2020, I was approached by 4 successful entrepreneurs who aspired to be founders of family wealth. Their offer: advise them full-time in building generational wealth. The work is fascinating. The results are exciting. I call it "The Lab". Here's what we're learning👇
17
70
301
@500YearFamily
Secrets Of Old Money
2 years
15 Lessons Wealthy Families Teach Their Children: • Cycle of life: birth, youth, middle age, old age, & death • Respect for elders & the honor of old age • Respect for marriage, home, & family life • High standard of manners & politeness • Preference for going to the source
9
46
302
@500YearFamily
Secrets Of Old Money
2 years
99% of financial advisors prevent your family from building generational wealth. Here's how to identify & hire the best:
9
54
288
@500YearFamily
Secrets Of Old Money
2 years
The ideal fortune is not money. It is a business. And for a family, it is a family business. Making a fortune by owning a business is also the best way to keep a fortune. Without exception, every family that has preserved their family wealth for centuries has owned a business.
Tweet media one
4
41
283
@500YearFamily
Secrets Of Old Money
2 years
I've worked with many successful wealth creators who aspire to build generational wealth for their family. They're all remarkable and highly successful. But the most promising among them have exchanged the modern concept of "nuclear family" for a family tribe mindset.
Tweet media one
4
42
273
@500YearFamily
Secrets Of Old Money
2 years
It's easy for families to assimilate into mass culture. It's hard work to embrace the history, values & traditions that give your family its "different-ness" from all other families. But this hard work comes with a big reward: a solid & lasting family culture.
3
37
275
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
1
25
265
@500YearFamily
Secrets Of Old Money
2 years
There's lots of ways to assess your family's wealth. None are more insightful than asking your children: "What is it like to be a member of our family?"
4
24
266
@500YearFamily
Secrets Of Old Money
2 years
If enjoyed this, you might enjoy my weekly newsletter: Family Wealth Compass. Every Monday, I share a Deep-Dive Insight on building generational family wealth. Practical. Actionable. No fluff. Join below👇
2
36
265
@500YearFamily
Secrets Of Old Money
2 years
Families with generational wealth deeply understand the natural cycle of life. They leverage the talents of family members accordingly. The energy of younger generations is helpful for producing wealth. The wisdom & experience of older generations is required to hold onto it.
Tweet media one
3
36
260
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
2
27
251
@500YearFamily
Secrets Of Old Money
2 years
My family's motto is "Esse Quam Videri". Old Latin phrase that's translated: "Better to be than just to seem." It's never been easier to "seem" wealthy. There's plenty of advice on getting the "aesthetic" just right. But it's real work for a family to be wealthy...
Tweet media one
6
34
246
@500YearFamily
Secrets Of Old Money
2 years
Many families look back at 2008-2009 wishing they took better advantage of the investment opportunity. The 2022-2023 reporting from family offices and endowments will prove how well they learned their lesson.
1
17
243
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
1
24
238
@500YearFamily
Secrets Of Old Money
2 years
Profiles In Generational Wealth Today we meet the family behind one of the world's most valuable luxury brands. Now in their 6th generation, they see the family enterprise as something "borrowed from our grandchildren". They are the Dumas family👇
Tweet media one
7
49
240
@500YearFamily
Secrets Of Old Money
2 years
Profiles In Generational Wealth Today we meet a family tribe in their 7th generation. They've mastered the art of blending tradition and innovation. They are the Klebergs👇
Tweet media one
10
50
235
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
0
20
233
@500YearFamily
Secrets Of Old Money
2 years
One thing that the most successful families I've advised all have in common: They are much better at communicating than other families.
2
32
233
@500YearFamily
Secrets Of Old Money
2 years
Our mission is simple: Normalize Flourishing Families.
Tweet media one
0
23
220
@500YearFamily
Secrets Of Old Money
2 years
Average Family lives in age-segregation. The youth stay in their corner & the olders (who aren't elders) stay in theirs. Never to mix. Old Money values all generations. The young are sources of energy & new ideas. The elders are sources of experience & wisdom. Never to separate.
Tweet media one
0
37
224
@500YearFamily
Secrets Of Old Money
2 years
I’ve studied many rich families who have failed to keep their wealth intact for 3 or more generations. Interestingly, in every case, the family’s money is primarily lost not through overspending but poor investing.
4
26
218
@500YearFamily
Secrets Of Old Money
2 years
If you want your family members to manage their money well, you need to make sure they have the training to do so. This means real experience outside a classroom. Children should be encouraged to participate in investing and business decisions, analyzing problems as they arise.
6
23
219
@500YearFamily
Secrets Of Old Money
2 years
The wealthiest families would never want to be on the "Forbes Richest Families" list. Nor would they confuse being rich with being wealthy. Money is helpful. But for family wealth, it's a means to an end: building confident & competent family members.
1
31
210
@500YearFamily
Secrets Of Old Money
2 years
No one chooses to be born, and no one gets to choose their family of birth. But as children get older, they do choose how closely they identify with their family. You have to make your family more attractive than other options like friends, sports teams, & college affiliations.
3
23
216
@500YearFamily
Secrets Of Old Money
1 year
If you're going to build family wealth and hold onto it for generations, you're going to have to do think and act in extra-ordinary ways.
3
31
206
@500YearFamily
Secrets Of Old Money
2 years
The shortage of elders today is very concerning. Young people are pushed out into the world without the guidance & wisdom that previous generations counted on. Families with elders & younger members who aspire to be elders have a huge advantage.
5
41
197
@500YearFamily
Secrets Of Old Money
2 years
When a family reaches a 3rd generation & beyond, a majority of family members relate as cousins. This can be a great strength. Each generation of cousins can decide the problems between their parents are not their own. They bury the hatchet & move forward as one family.
3
26
199
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
3
19
201
@500YearFamily
Secrets Of Old Money
1 year
Family Wealth Tip: The more successful your family is, the more younger generations need to understand how hard it is to create wealth. Here's how smart families go about it👇
5
28
193
@500YearFamily
Secrets Of Old Money
2 years
A concept to teach your children early on is the difference between income & assets. In my experience, 90% of people see being rich in terms of income. It's the exact opposite. Income meets short-term needs. Assets give your family a long-term project to work on together.
3
30
189
@500YearFamily
Secrets Of Old Money
2 years
It’s incredibly valuable for a family to have a trusted advisor who: •acts in the family’s best interest •walls the family off from salesmen
3
14
188
@500YearFamily
Secrets Of Old Money
2 years
The average age of S&P 500 companies is ~21 years. It was ~60 years in the 1950s. What are the main causes?
8
20
188
@500YearFamily
Secrets Of Old Money
1 year
Many business-owning families require younger members to spend 5-10 years working outside the family business. If they join after that, it's because they truly want to be there. They also bring valuable outside knowledge and experience that benefits the entire family.
1
21
185
@500YearFamily
Secrets Of Old Money
1 year
As your family's Chief Wealth Officer, your 3 financial goals are: 1. Maximize Cash Flow: meet expenses & purchase assets. 2. Maximize Family Wealth: grow human, intellectual, & social capital. 3. Maximize Legacy: a strong family culture, identity, & brand. That's it.
2
37
189
@500YearFamily
Secrets Of Old Money
1 year
If you died suddenly, your company would start replacing you before the funeral. Many colleagues would stop thinking about about you within 3 months. Your work and career is important, but there's a limit to the satisfaction & meaning it can provide.
5
22
185
@500YearFamily
Secrets Of Old Money
2 years
A rich family is different from a merely average family. A wealthy family is very, very, different from a merely rich family. It's one thing to get your pile of money and live it up. It's entirely another to build family wealth and keep it for centuries.
Tweet media one
1
21
182
@500YearFamily
Secrets Of Old Money
2 years
Do you want your family to stay wealthy and united for more than 3+ generations? If so, you need this Old Money secret. It's time to talk about: "Being A Family Of Affinity"
Tweet media one
5
23
172
@500YearFamily
Secrets Of Old Money
2 years
Tweet media one
0
25
184
@500YearFamily
Secrets Of Old Money
2 years
I've worked with many families who, at the advice of some corporate consultant, have made a "family mission statement". I tell them to throw the mission statement in the trash.
4
18
175
@500YearFamily
Secrets Of Old Money
2 years
You'll strengthen your family's culture by emphasizing production over consumption. It'll keep your money around longer. But it also builds your relational & intellectual capital. Families who add more than they subtract have a special cultural "glue" to keep them together.
1
33
176
@500YearFamily
Secrets Of Old Money
2 years
Successful families see themselves as stewards, not owners, of their financial capital.
0
27
171
@500YearFamily
Secrets Of Old Money
2 years
Family Culture: Contentment How contentment builds generational wealth👇
4
33
161
@500YearFamily
Secrets Of Old Money
1 year
Money is not the goal. The goal is a long-lasting and flourishing family.
1
30
162
@500YearFamily
Secrets Of Old Money
1 year
13 Essential Keys To Building Generational Wealth: • wise elders • estate plan • social capital • family council • spiritual capital • family enterprise • intellectual capital • strong family culture • regular family meetings
3
25
165
@500YearFamily
Secrets Of Old Money
1 year
As a family wealth creator, you are: An entrepreneur, so that your wealth grows. A steward, so that wealth lasts beyond your lifetime. A mentor, so that wealth is passed on to future generations with values and skills they'll need to manage it carefully & productively.
2
29
166
@500YearFamily
Secrets Of Old Money
2 years
A seventh-generation family takes at least 63,000 days to build. And it all unfolds one day at a time. For today, I wish your family the very best. May you find time this weekend to put away your burdens and enjoy the gift of family together.
Tweet media one
1
9
160
@500YearFamily
Secrets Of Old Money
1 year
Tweet media one
0
17
157
@500YearFamily
Secrets Of Old Money
2 years
I know many wealthy families who have raised healthy & productive children. They share two mindsets about money👇 1. A Default For Understatement 2. Seeing Money As Neutral
3
15
156
@500YearFamily
Secrets Of Old Money
2 years
Another Trait of Generational Wealth: Persistence Many great things take longer than one generation to accomplish. And they last for centuries Look around. Our generation did not build much of what you see. Nor invent the automobile, airplane & computer. They were inherited...
Tweet media one
1
20
151
@500YearFamily
Secrets Of Old Money
2 years
Your family traditions are an outward expression of your family identity. The best traditions: • are engaging & enjoyable • embrace what makes your family unique • involve both older & younger generations Keep them & be rewarded with a sense of stability & permanence.
1
20
147