"Fortunes are made, and disappear, over the lifetime of a single generation. Today, a person in essence takes his wealth from society just for the duration of his or her lifetime. The next generation has to create it anew"
- Mikhail Khodorkovsky
About this Quote
This quote by Mikhail Khodorkovsky speaks to the concept that wealth is not long-term. It is created and damaged throughout a single generation. This indicates that a person's wealth is only short-term and will not be passed down to the next generation. Instead, the next generation needs to develop their own wealth. This quote highlights the significance of producing and maintaining wealth, as it is not something that can be taken for given. It also talks to the concept that wealth is not something that can be inherited, however should be earned. This quote functions as a pointer that wealth is not something that can be considered given, which it needs to be created and preserved in order for it to be given to future generations.
"There is a tide in the affairs of men, Which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is bound in shallows and in miseries. On such a full sea are we now afloat. And we must take the current when it serves, or lose our ventures"
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