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Enzo Calamo
onto Family Office & Billionaire Report - Empowering Family Dynasties September 5, 9:12 AM
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The NBA hammered the Clippers with a $30 million fine, five lost first-round picks, and a one-year suspension for Steve Ballmer after uncovering a series of Kawhi Leonard sponsorship deals worth up to $66 million. The league's 36-page report contains even more explosive details, including alleged sham consulting arrangements, suspicious money flows, and internal Clippers messages calling one deal "super shady."
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Most fortunes are made by people who never grew up with one. Grubman shows that this single fact explains why so much family wealth disappears, and what the families who keep it do differently.
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Craig Hill holds an MBA from the University of Chicago and once ran an oil and gas business and a Learjet charter company. Earl Pitts spent nineteen years at IBM, the last seven as an operations manager, before joining Youth With A Mission.
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The central lesson St. Francis Borgia offers wealthy families is that wealth should serve a purpose worthy of the people entrusted with it.
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Pope St. John XXIII offers family offices and ultra-high-net-worth families a compelling example of stewardship: leadership grounded in human dignity, authority exercised through service, and renewal undertaken for the benefit of future generations.
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“The family, founded upon marriage freely contracted, one and indissoluble, must be regarded as the natural, primary cell of human society. The interests of the family, therefore, must be taken very specially into consideration in social and economic affairs, as well as in the spheres of faith and m
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“To live is to change, and to be perfect is to have changed often.” —St.
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Saint John Henry Newman’s most important lesson for wealthy families is that lasting legacy requires a well-formed conscience, a commitment to truth, and the preparation of people to use their freedom responsibly. Capital gives a family choices.
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Family offices protect wealth by preparing for uncertainty. They build liquidity reserves, develop succession plans, and consider what could go wrong.
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Curated by Enzo Calamo
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.
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