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The Inheritance

The great wealth transfer. Heirs, legacies, inheritance and family foundations facing succession. Multigenerational dynasties and where generations of wealth summer.

FRANCE-ART-PAINTING-AUCTION

Safeguarding Cultural Heritage Through the Largest Art and Collectibles Transfer in History

Amidst the Great Wealth Transfer, assets of every kind, including art and collectibles, are changing hands. Private Client Select Insurance Services associate specialist of art services Maeve Zimmerman looks at how collectors can ensure that objects of cultural importance are preserved for future generations.
By Maeve Zimmerman
Supermarket chain Lidl store at night in the Kings Heath area of Birmingham, United Kingdom. Kings Heath is a suburb of Birmingham, three miles south of the city centre. It is the next suburb south from Moseley. Lidl Stiftung & Co. KG is a German global discount supermarket chain, that operates over 10,000 stores across Europe and the US. It belongs to Dieter Schwarz, who also owns the store chains Handelshof and hypermarket Kaufland. (photo by Mike Kemp/In PIctures via Getty Images)

The Reclusive Billionaire Behind Lidl Is Germany’s Richest Person

Germany’s richest person has quietly transformed Lidl’s parent company into a sprawling business empire stretching from discount groceries to recycling, cloud computing and A.I.
By Kate Wieczorek
A portrait photograph shows artist Leslie Lewis Sigler seated barefoot on a stool in her studio, surrounded by paintings and sculptural works depicting lace, shells, dishes and silverware.

Leslie Lewis Sigler On Turning Heirlooms into Portraits of a Life

She treats each object in her paintings not as a mere item but as a human-like individual with its own story and thoughts.
By Xinyi Ye
Business negotiations at the booths in Hall II, the jewelry section of Pavilion 27 in Milan, Italy on April 14th, 1973.

The Heirlooms of 2080 Are Being Made Today

By Ali Galgano

Her Great-Grandfather Founded a Jewelry Dynasty. She’s Building Something It Never Had.

By Merin Curotto

From Newport to Watch Hill: How Rhode Island Perfected the Art of Summering

By Katherine Parker-Magyar

The Legacy Brands Proving American Fashion Is Still a Family Business

By Paul Jebara
A collage of book covers about dynasties, wealth and succession includes Marella Agnelli: The Last Swan, Empire of Pain, I’ll Take the Fire, Medici Money, The House of Gucci and Jackie as Editor.

Nine Dynastic Sagas That Consider the Architecture of Inherited Power

By Iman Sultan
woven baskets

Basket Case: How the Nantucket Lightship Bag Became the Ultimate Island Status Symbol

By Katherine Parker-Magyar
Two art handlers carefully adjust a large abstract painting by Joan Mitchell on the wall, with the reflection of the artwork visible on the polished floor.

Art, Death and Taxes: What Collectors Need to Know About Creating a Legacy That Lasts

By Megan Fox Kelly
A man stands at a podium with arm raised during a watch auction while onlookers hold up their phones to record the moment

With an Inherited Watch Collection, Doing Less Is the Smartest Move

By Caleb Anderson
Jacqueline Mars, center, and her granddaughters, Graysen Airth, left, and Katherine Burgstahler, right, arrive for the formal Artist's Dinner honoring the recipients of the 40th Annual Kennedy Center Honors hosted by United States Secretary of State Rex Tillerson at the US Department of State in Washington, D.C. on Saturday, December 2, 2017.

Who Owns Mars? Inside the $129B Reclusive Family Behind the Candy Empire

By Shaili Singh
Six images of five men and one women, placed next to eachother

Six of the World’s Richest People Who Are Not Leaving Billions to Their Children

By Alexandra Tremayne-Pengelly

The Essentials With Joey Wölffer: Horses, Sag Harbor Haunts and Carrying on the Family Business

By Marissa DeSantis

The Bad Planning That Leaves Many Artist Estates Tangled in Lawsuits

By Daniel Grant
Oracle Corporation CEO Larry Ellison looks on after Oracle Team USA skippered by James Spithill lost race 1 of the America's Cup Finals on June 17, 2017 in Hamilton, Bermuda.

Larry Ellison’s Decades-Long Obsession With Competitive Sailing

By Shaili Singh
restaurant

America’s Family-Owned Restaurant Legends, From Hamburgers to Cheesesteaks

By Paul Jebara

Joshua Foulquier Built a Restaurant Around the Art His Mother Loved

By Christa Terry
An art handler stands in front of Bildnis Elisabeth Lederer (Portrait of Elisabeth Lederer), by Gustav Klimt, during a press preview at Sotheby's on November 07, 2025 in New York City.

The Future of an Art Collection Is Decided Long Before It Changes Hands

By Megan Fox Kelly
A blue Ferrari Luce

Ferrari’s First EV Heads to Monterey Car Week Auction With a $1.1M Estimate

By Abigail Bassett
Elon Musk stands in front of a Tesla Cybertruck

Every Iconic Car Owned by Elon Musk: From a Vintage Model T to a McLaren F1

By Beth Duckett
Princess Margaret of England in 1949.

The Inheritance Princess Margaret Never Got to Keep

By Jennifer Ashley Wright
A large yellow sign reading “National Gallery of Art” stands in front of the museum’s neoclassical West Building in Washington, D.C., beneath an overcast sky.

The Largest Cash Gifts to U.S. Art Institutions So Far in 2026

By Elisa Carollo
restaurant

At California’s Most Historic Restaurants, It’s Still a Family Affair

By Allie Lebos
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