Advice From a Wealthy Grandfather in Monaco

[thomasrutherford]

That dude has seen the destruction of spoiling your children

[smokingcrab]

The interviewer is acting like "don't spend 20k on a bday party" is such deep and profound advice

[parvezmalegamwalla]

He is absolutely right. Morals are much much important than splashing around your Riches in the name of Party filled with unruly beings.

[azul]

Advice: dont let your child attend expensive birthday parties

[eavening]

Exactly so. Live below your means. Don't blow your $ on frivolity. Don't keep up with the Jones.

[jamesduncan]

Dudes only regret in life is spoiling his offspring, only doing what any good parent would.

Realising years later he created a monster with his generosity.

Proper genuine human being, nothing but love for the auld boy❤

[cristianmelchor]

Most of the parents try to give to their kids what they didn't have in there time

[terralynnpash]

And we had a cow for my daughter wanting a $600 dress for her sweet sixteen….that’s more than we’ve ever spent on anything to wear once.

[LTJ]

He is wearing a Loro Piana vicuña or baby cash jacket.. that says it all

[annahunt]

I hope some of you rich people understood what this what was said your money can't buy you your temporarily but one thing you cannot buy no matter how hard you try you can't buy your way into heaven you can't buy happiness it's not real happiness because they're going to do what Their everyday needs to do to keep you happy just so they can get your money and I've learned a long time ago that most rich people you're the most miserable people on the planet I don't care how much money you have you can't buy happiness and you definitely can't buy love I'm talkin about god-given genuine love you came by that I'm talking about genuine god-given love you can't buy that

[avarmauk]

Teach your kids the true dangers and challenges of the world in a safe manner. One day you won’t be here and they will
be on their own, and for you to truly rest in peace, you need to know they can manage on their own. Provide them with opportunities, but do not serve success on a plate. Just my two cents worth.

[kiddos]

Birthday party= celebrating your ages decrease

[mattball]

Monaco is 10000, 10000 dollar birthday parties better than anywhere in Canazuela

[haythamabdel-qader]

yeah they can go to Vancouver away from 10k parties and just buy c4nnabis as if its bottled water, and in a few years they might start feeling they're in the wrong body at which point they can autonomously decide to start chopping bits of. so much better for the kids.

[ked]

Fortunately, I don't have kids.
Unfortunately, I don't have money either.

[undpqbnu]

Of all places she lived in a country which developed around a casino…

[InfinityNS]

C16, Canada. Google it. Nuff said abot Canada, and most of the West. Monaco has a distorted financial enviroment, but basic Western values are the foundation. I'm a "poor Eastern European well-traveled doctor", I obviously don't know shit in this new world order. Hate me if you want.

[shivinunitholi]

Best advice from a rich man to rich kids. EVER.

[Redditor]

Smart man. It can take multiple generations to build real wealth but only one to destroy it.

[continuousself-improvement]

"Monaco attracted rich people.."
The dude is one of the rich people too, he just doesn't like his kids to grow up spoiled. Great family values.