Led by Dennis Jaffe, this international project focuses on families who have successfully transitioned global enterprises across three generations.
The study population currently includes 82 families, 58% of whom are based in North America, 14% in Europe, 11% in Asia, 6% in South America, and 11% in the Middle East, Oceana, or Africa. 77% of these families continue to own operating businesses, and the median age of their enterprises is 114 years. 44% of the families own assets of over $1 billion. (With thanks to Charlotte Lamp and Jane Flanagan for compiling these numbers.)