Abstract

Over many generations, various institutions have created ‘the picture of the filthy rich’ and condemned wealth as something unethical. Important facts get overlooked thereby; namely, that private capital is put to work much more fruitfully and prudently than public capital. And that it is the driving force for the further development of any society. It is time to heighten the awareness that private wealth is a genuine value; that the activity of trustees represents a wealth-preserving necessity; and, that the Liechtenstein foundation in this respect is a time-tested legal instrument in the most professional manner.

Full Text
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