Family wealth refers to the total assets passed down through generations, including financial, human, intellectual, and spiritual capital. Traditionally, family wealth has been controlled by male family members. Career wealth is the prosperity achieved through making the right career choices and reaching your highest potential in your profession. Both family wealth and career wealth are important forms of wealth because they provide fulfillment and allow one to share achievements with family. Family plays a vital role through affection and support, and a successful career provides satisfaction from accomplishing goals in your field. In conclusion, both family and career wealth are significant.

1. Concept of Wealth and
Prosperity
Topic: ‘Family wealth and career
wealth’
By – Divya kumari
Nidhi karol
Nishi karol
Riya chopra
Prakhar Srivastava

2. What is Family Wealth ?
Family Wealth is “The whole wealth that
is passed on from one generation to the
next, encompassing your financial,
human, intellectual and spiritual capital.”
From the outset, and even today, the
family wealth has been under the
complete control of the male members.

3. Family Wealth
• Man is a social animal. He cannot live alone for
long. He always needs a company of his fellow
beings. The best company for a man is his family.
The affection that is developed among family
members continues throughout life.
• That is the reason any achievement we have in
life, we desire to share it first of all with our
family. Hence, family and friends plays important
role in one’s life and are main forms of wealth.

4. Components of Family Wealth
There are 3 components of family wealth :-
• Role clarification and development
• Governance systems
• Wealth transition structures

5. What is Career Wealth?
• In life people make choices related to career
and the wealth acquired after making the
right career choice is career wealth.
• Making the right choice is the most important
thing.
• The correct choice will give you a prosperous,
happiness and contentment.

6. Career Wealth
• Actualizing your highest potential by reaching for
your best in your career is incredibly important.
Getting to greatness in your profession brings a
feeling of satisfaction on a job well done. It helps
you make your mark. Being world-class in your
work is good for your self-respect.
• A good Career is essential for you to find job
satisfaction and success. When we reach at the
top of our career, we feel a sense of fulfillment.
This is another type of wealth.

7. Conclusion
• Considering all these aspects, we can say,
that, family wealth and career wealth both are
most important forms of wealth.