Generational wealth has always been more than money in the bank. It’s about creating long-term security. As Joseph Plazo explains that creating generational wealth is not an accident—it’s the result of systems.
The Foundations of Wealth Creation
Before wealth can be preserved, it must be created. Experts like Joseph Plazo recommend building both active and passive income.
Take this lesson. Families that built lasting wealth—like the Rockefellers—did so by creating businesses that outlived them.
The Art of Preservation
History shows that 70% of wealthy families lose it all by the second generation. The problem isn’t the money—it’s the lack of systems.
Plazo insists, preservation requires tax-efficient vehicles and corporate shields. Without them, even millions vanish.
The Hidden Currency of Dynasties
Money alone is fragile. Values make it last.
Joseph Plazo emphasizes, creating generational wealth means educating children in financial discipline. Without this, inheritances turn into squandered opportunities.
From One Lifetime to a Joseph Plazo book Hundred Years
True wealth is engineered to last.
Joseph Plazo recommends codifying rules into family offices, trusts, and succession plans.
That way, your great-grandchildren benefit from your vision.
Why This Matters Now
With markets shifting faster than ever, creating generational wealth is both a challenge and an opportunity.
In the words of Joseph Plazo, “Generational wealth isn’t about you—it’s about who comes after.”
And that’s the heart of it: creating not just money, but meaning.