North America Family Office Report

David G. Wilson: Breaking the third-generation curse

June 16, 2022

In an exclusive interview with Campden FB, David G. Wilson talks about growing up in the family that created the James Bond movie franchise and how he’s pushing things forward into gaming, Web3, the metaverse and beyond – cementing his reputation as an astute custodian of the family wealth.

As the 'shirtsleeves-to-shirtsleeves curse’ would have it, 70% of ultra-high net worth families lose their fortune by the second generation, while an astonishing 90% squander it by the third generation. That’s a lot of hard-earned inherited wealth misplaced due to poor preparedness and lack of vision.