In South Africa, a country with the highest Gini co-efficient in the world, being born into privilege can potentially signify a mark of shame. The Gini co-efficient measures income inequality, ranging from 0 to 1, and South Africa's latest figure is 0.63 (2015).
While there is no typical ultra-high net worth family, the South African Next Gen have a decision to make as to how they embrace or deny their wealth in a South African context. There are three common family approaches to wealth.
Certain families embrace their wealth as an opportunity to do good. They see a chance to embrace change and put family money to good use.
On the opposite side of the spectrum are families where the next generation has become dislocated from the realities on the ground. These children don't understand what it means to live in South Africa and are content to exist in their wealth bubble, with little comprehension of the value of money or the idea of limited resources.