CZ: I will not leave a huge fortune directly to my children.

In an interview with Crypto Banter, CZ shared his philosophy on wealth succession: he agrees with Buffett's view that children should have enough money but not too much, that they should earn their own sports cars and yachts, and that older children should work every summer.

In a lengthy interview with Crypto Banter, CZ discussed wealth succession. He said he agrees with Buffett's view: give your children enough money so they feel they can do anything, but not so much that they feel they don't have to do anything.

CZ stated that he could support his children if they wanted a stable life; however, if they desired sports cars, private jets, yachts, and large houses, they would need to earn those themselves. He also mentioned that his older children work every summer and proactively seek his advice on career and financial matters.

Share to:

Author: PA影音

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
ZachXBT alleges suspect in $130,000 BTC social engineering theft transferred $2.59 million.
PANews Newsflash