To quote one of the richest men in the world about inheritance, Warren Buffet thinks passing on a fortune is not the right way to go. 

His advice is “You should leave your children enough so they can do anything, but not enough so they can do nothing.”

In South Africa the challenge to addressing inequality is not a lack of willingness to address the issue, but rather an inability to overcome the gap if the status quo is not challenged.

Image credit: 123rf.com

To quote one of the richest men in the world about inheritance, Warren Buffet thinks passing on a fortune is not the right way to go.&nbsp;
His advice is &ldquo;You should leave your children enough so they can do anything, but not enough so they can do nothing.&rdquo;
In South Africa the challenge to addressing inequality is not a lack of willingness to address the issue, but rather an inability to overcome the gap if the status quo is not challenged.
Image credit: <a href="https://www.123rf.com/stock-photo/death_and_taxes.html?sti=n49287ciruzvb1hw6i|&amp;mediapopup=97539050">123rf.com</a>

An archive of each full weekday episode of the award-winning program presented by Bruce Whitfield.

The Money Show

Bruce Whitfield offers a wrap-up of the day’s business news as well as insight into trends and expert advice on all things money-related.

Advertisement