How The Rockefellers Built A Family Dynasty

This one structure made the Rockefellers more wealthy every single generation. It's called the Rockefeller Waterfall System. It's intentionally set up structure to allow the family to get richer over time. They've used life insurance not as a way to just get paid when they die, but as a tool. So what they do is every single member of the Rockefeller family gets a life insurance policy put onto them. When they die, the premiums get paid into the family trust. The trust continues to buy more policies on every Rockefeller family member, and when that family member dies, the premiums go back into the trust. By By doing this, the trust continues to get bigger and bigger and bigger with every single generation. But it's not just the money that's being passed down. It's the values, the education, and it's the system. So money by itself is not going to preserve wealth through multiple generations. You have to have the right structure, the system, and using something like life insurance can work if you think about it not as money that comes to me when I die, but rather a financial tool that if I set up properly can preserve wealth for generations.