Inheritance and Succession
Russians have mixed feelings about rich people. To a large extent, this is the legacy of the 1990s, which have created a certain image of a rich person. That said, 70% of assets are concentrated in the hands of a single generation. These days, we are watching a generational change: the second generation of capital owners is about to make history. This brings the issue of the role rich people play in society into focus. A great challenge for the next ten years is to change the attitude towards rich people and succession in Russia. What is the role of rich people in the Russian society? How ready is the new generation that grew up in the West instead of among the Russian ‘facts of life’ to solve these problems? How can the right system and infrastructure be created in Russia that would be ready to respond to such challenges? What are the current succession mechanisms in Russia?
Mikhail Voronin, Ideologist, Founder, Atlanty Group
Alexander Auzan, Dean of Faculty of Economics, Lomonosov Moscow State University
Ruben Vardanian, Co-founder, Noôdome
Berel Lazar, Chief Rabbi of the Russian Federation
Xenia Frank, Chair of the Supervisory Board, Elena and Gennady Timchenko Charitable Foundation