Reply to thread

Message

<blockquote data-quote="the-lost-son" data-source="post: 304088" data-attributes="member: 672">That scenario reflects reality. Having business knowledge is no requirement for having controlling interest in a company.For example, Ferdinand Porsche left his company Porsche/VW to his, son and daughter. Both of them had 4 children. That&#039;s 8 children in total plus grandchildren controlling one of the biggest employers in Germany. None of them actively runs the company. They only meet from time to time to discuss various topics, agree on a chairman etc.As the big well-known companies have been founded 2-3 generations ago - the board of directors in Central Europe are full of people without any knowledge about the daily business. The family often decides to stay out of the daily business (mostly to keep the peace within the family) and let the company be run by a non family member. It&#039;s just too complicated otherwise.Lucy fits in there quite nicely. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /></blockquote>

[QUOTE="the-lost-son, post: 304088, member: 672"] That scenario reflects reality. Having business knowledge is no requirement for having controlling interest in a company. For example, Ferdinand Porsche left his company Porsche/VW to his, son and daughter. Both of them had 4 children. That's 8 children in total plus grandchildren controlling one of the biggest employers in Germany. None of them actively runs the company. They only meet from time to time to discuss various topics, agree on a chairman etc. As the big well-known companies have been founded 2-3 generations ago - the board of directors in Central Europe are full of people without any knowledge about the daily business. The family often decides to stay out of the daily business (mostly to keep the peace within the family) and let the company be run by a non family member. It's just too complicated otherwise. Lucy fits in there quite nicely. :) [/QUOTE]

Verification

6 + 4 =