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The impact of wealth on South African families: Managing next gen expectations

By Janice Roberts at New Media
29 July 2019 • 1 min read

Layve Rabinowitz

The everyday challenges faced by South African families in bringing up children can be further complicated by the presence of substantial wealth, according to international family office Stonehage Fleming.  In South Africa, a country with the highest Gini co-efficient in the world[1], being born into privilege can potentially signify a mark of shame. The Gini co-efficient measures income inequality, ranging from 0 to 1, and South Africa’s latest figure is 0.63 (2015). (more…)


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