How business ownership is once again becoming a family affair
The growing share of businesses being inherited rather than purchased among wealthy Americans reflects the broader great wealth transfer and signals a shift in how wealth and business ownership are changing across generations, Fortune reports. According to Bank of America’s 2026 Private Bank Study of Wealthy Americans, 23% of businesses owned by wealthy individuals are […]
The growing share of businesses being inherited rather than purchased among wealthy Americans reflects the broader great wealth transfer and signals a shift in how wealth and business ownership are changing across generations, Fortune reports. According to Bank of America’s 2026 Private Bank Study of Wealthy Americans, 23% of businesses owned by wealthy individuals are […]
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