The 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?
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.
|Emma and Georgina Bloomberg
Emma and Georgina Bloomberg have avoided the party-girl path forged by other heiresses.
Steve Jobs' first daughter, now a writer in New York, spent her childhood with a single mother and "didn't have many things."
|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
|David and Megan Ellison
In Hollywood, all you need is a last name and a serious bankroll.
|Susan Alice Buffett
Warren Buffett doesn't believe in inherited wealth, so his daughter -- a philanthropist -- leverages the currency of her name.
"Dad" may be one Wall Street's most powerful financiers, but that meant next to nothing when Fink Jr. launched his own fund.
|Jonathan and Alex Blankfein
Why would Lloyd stop at hiring one son when his "Vampire Squid" firm could have both?
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.
Sir Richard's daughter may be as glamorous and daring as her father, but the level-headed high-achiever also holds a medical degree.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.