What is wealth for? What is the purpose of building wealth in a family business setting? It’s a deceptively simple question, but it can be a transformative one, because when families define wealth purely in financial terms, they narrow the scope of what their legacy can be. But when that definition expands, everything changes. James Hughes’ multi-capital framework James Hughes’ multi-capital framework offers a powerful way to rethink legacy. The framework recognises five forms of wealth: financial, human, intellectual, social, and spiritual capital. Some are easy to quantify. Others are intangible. But together, they tell a fuller story of what...
