Lessons from billionaire dads:
Yet Howard, who now sits on the board of Berkshire Hathaway, said he’s ultimately grateful for his father’s reluctance to dole out his cash freely.
“The truth is, if Dad loaded us with money, he could not help but control us. He let us go our own way. 'Find something you love to do,' he's always said, 'and do it,'” Howard toldHaving a father who is a billionaire can be a huge financial gift, but sometimes there are other benefits that go well beyond simply being an heir to a massive fortune. These offspring of ultra successful business titans often get plenty of advice and other wisdom from their dad.
Charles Koch, CEO and chairman of Koch Industries and the seventh richest man in America, has spent millions of dollars to ensure America’s politicians share his values. So it should come as no surprise that these values were drilled into his kids. At a Startup Grind event in November 2018, his son Chasehow his father demanded that each day his children uphold the five family values of love, courage, faith, honor and loyalty: “You want to talk about accountability to those principles.
For the Arisons, business has always been in the family. Micky is chairman and former CEO of the cruise ship firm his father Ted founded, Carnival Corp. This is true of the family’s other treasure trove, the Miami Heat NBA team: founded by Ted, it is today owned by Micky, who
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