The generational transfer of wealth represents one of the most significant challenges for Italian family businesses, which make up 85% of our entrepreneurial landscape. Over the next twenty years, more than 6 trillion euros will be transferred to new generations, a process that requires careful and well-structured planning.
In an increasingly globalized world, where family wealth and family members are spread across different countries, it is crucial to develop new governance models. These models must be able to meet the needs of a new generation, preparing to take on leadership roles, while ensuring the continuity of the business in an international context.
The challenge is twofold: on one hand, it is necessary to define shared values that can unite the different generations; on the other hand, it is essential to provide the legal and financial tools necessary for a smooth and effective transition. The training of the Next-Gen, particularly Millennials and Gen Z, thus becomes a crucial element, capable of preparing future leaders to manage family wealth with competence and strategic vision.
In her article published on BorsaeFinanza.it, Elmira Shahbazi explores how families can approach the generational transfer by making informed choices, opting for the most suitable legal tools, and enhancing the education of young members. Additionally, she proposes new perspectives for managing and investing family wealth, focusing on more sustainable, purpose-driven models that can generate both social and economic value.
Full article on Borsa&Finanza >
