business newsThe Kids of Business Icons
Some of the business world's most famous tycoons are also parents. So where did the younger generation of Bloombergs, Bransons, Buffetts, and Blankfeins end up?
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So what happens to the children of such overachievers? When born into wealth and privilege -- as a Branson, a Blankfein, or a Soros -- what can a kid do to leave a mark? And is it better to go into the family business and create a nascent dynasty, like the Trumps, or smarter to start something new? (Larry Ellison’s actor and producer son, David, enrolled in business school but dropped out to pursue a Hollywood career.)
Here, Minyanville looks at the many paths taken by the children of nine business titans. Remarkably, there isn't an aimless partier, spoiled brat, or "tortured soul" in the bunch.
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Emma and Georgina Bloomberg Emma and Georgina Bloomberg have avoided the party-girl path forged by other heiresses. |
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Lisa Brennan-Jobs Steve Jobs' first daughter, now a writer in New York, spent her childhood with a single mother and "didn't have many things." |
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Donald Trump Jr. This would-be mogul says his real source of strength is a lifetime of exposure to the family business. By Lisa LaMotta
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David and Megan Ellison In Hollywood, all you need is a last name and a serious bankroll. |
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Susan Alice Buffett Warren Buffett doesn't believe in inherited wealth, so his daughter -- a philanthropist -- leverages the currency of her name. |
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Joshua Fink "Dad" may be one Wall Street's most powerful financiers, but that meant next to nothing when Fink Jr. launched his own fund. |
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Jonathan and Alex Blankfein Why would Lloyd stop at hiring one son when his "Vampire Squid" firm could have both? |
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Andrea Soros Conspiracy theories have long dogged her controversial billionaire father. Now the younger Soros is attracting rumors about her low-key foundation work in China and Tibet. |
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Holly Branson Sir Richard's daughter may be as glamorous and daring as her father, but the level-headed high-achiever also holds a medical degree. |
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