II · Structure
One roof for the family’s wealth.
Four areas, one responsibility: the holding holds and steers the family’s wealth from a single place.
I
Set-up
The holding at a glance.
Select an area in the chart.
II
Stewardship
Six rules for the family’s wealth.
They apply to every area of the holding, regardless of market conditions and fashion.
Capital
Own assets onlyNo funds, no investors, no third-party money.
Financing
ConservativeDebt only in moderation and never so that a difficult year endangers the substance.
Diversification
Broad, not one-sidedCompanies, real estate and investments complement each other.
Horizon
Open-endedWe hold rather than trade. There is no pressure to sell.
Reserve
Staying able to actA liquid share of the wealth always remains available.
Separation
Family and businessClear roles: the holding steers, the companies are run by their management.