That’s the question we asked in our latest podcast and hour-long Freakonomics Radio special “The Church of Scionology.” You can download/subscribe at iTunes, get the RSS feed, or read the transcript here.
We posed this question to some true American scions: Dick Yuengling of Yuengling beer — a fifth-generation CEO — would answer yes. Two of his daughters work at the family brewery right now, and one will likely succeed him in running it. On the other hand, musician Peter Buffett — son of Warren — would answer differently.
What about you? Hypothetical or in real-life, what would you do with your business when you retire?