logo
episode-header-image
Dec 2024
33 m

Wealth Transfer & Capitalism Post Electi...

The Rich Dad Media Network
About this episode
Join Tom Wheelwright as he discovers how the next presidency may impact our country's wealth transfer and how capitalism may be revolutionized with his guest and author, Ken Costa.

Ken Costa has been a leading investment banker, author and philanthropist for the last 40 years. Born in South Africa, he was active in the anti-apartheid movement as a student leader in Johannesburg and went on to study law at Queens College, Cambridge, subsequently becoming Chair of UBS Investment Bank (EMEA) and Lazard International. He is currently chairman of Helios Fairfax, the largest private equity group in Africa. As a supporter of investment in the next generation he chairs Glorify, a meditation app. He is Emeritus Professor of Commerce at Gresham College and was coordinator of the City's response to the Make Poverty History Campaign. He has been a contributor to the Financial Times, the Wall Street Journal, The Times and the Daily Telegraph.

In this episode, learn why it is so critical for entrepreneurs to collaborate with other generations amidst this revolution in capitalism, the importance that "Co-Destiny" plays in all of our futures, and what steps to take as we watch the greatest wealth transfer unfold.

Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/



00:00 - Intro.
03:58 - The swing back to capitalism.
08:10 - Rejecting vs. Changing Capitalism
10:45 - Elon Musk: A Refreshing Shift in Efficiency & Technology
15:28 - Zillennials revolutionize capitalism toward purpose and away from "game"-ification.
20:15 - The Future of Decentralization
23:21 - Co-Destiny and how we bridge the gap.
27:40 - Steps to take toward collaboration.





Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. https://wealthability.com/tom/


**********************************
PODCAST: WealthAbility®
**********************************
Listen & Subscribe on iTunes, Stitcher & Spotify! https://wealthability.com/show
YouTube Playlist https://www.youtube.com/playlist?list=PLydsKeyc6R5yuFA9nSBycu9Rj2jfdPN-f


**********************************
Resources
**********************************
Tom’s Book: Tax-Free Wealth https://taxfreewealthbook.com
Visit WealthAbility® https://wealthability.com/
Sign up for Tom’s Free Weekly Report https://wealthability.com/getreport/
Schedule A Call With My Team https://wealthability.com/schedulecall/


***********************************
Social Media
***********************************
Facebook (Tom Wheelwright) https://www.facebook.com/Tom.Wheelwright.CPA/
Facebook (WealthAbility®) https://www.facebook.com/4wealthability/
Twitter (WealthAbility®) https://twitter.com/WealthAbility
Instagram (WealthAbility®) https://www.instagram.com/wealthability_now/
Youtube (Tom Wheelwright) https://www.youtube.com/@TomWheelwrightCPA


Looking for more on Ken Costa?

Website: https://kencosta.com/
Books: “The 100 Trillion Dollar Wealth Transfer: How the Handover from Boomers to Gen Z Will Revolutionize Capitalism”



DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
Up next
Aug 21
Climb Your Entrepreneurial Mountain
👉 https://bit.ly/41d3Kmy 👈 CLICK HERE Ready to change your financial future? Join Tom Wheelwright, Robert Kiyosaki's CPA, and apply to the WealthAbility Accelerator today! Join Tom Wheelwright as he discovers what it takes to be a successful entrepreneur in today’s modern world ... Show More
32m 51s
Aug 14
The Future of Energy for Small Business
👉 https://bit.ly/41d3Kmy 👈 CLICK HERE Ready to change your financial future? Join Tom Wheelwright, Robert Kiyosaki's CPA, and apply to the WealthAbility Accelerator today! How should business owners navigate the future of energy when it comes to their own small businesses? How ... Show More
32m 41s
Aug 7
The Good & The Bad of The One Big Beautiful Bill
👉 https://bit.ly/41d3Kmy 👈 CLICK HERE Ready to change your financial future? Join Tom Wheelwright, Robert Kiyosaki's CPA, and apply to the WealthAbility Accelerator today! Join Tom Wheelwright as he discovers what is in the One Big Beautiful Bill, what’s not, and what impact it ... Show More
38m 49s
Recommended Episodes
Feb 2025
Ray Dalio on AI, Job Loss & the Future of the Economy | #EP 148
In this episode, Ray and Peter discuss the changing world order, China vs. the USA, and Ray’s thoughts on the future of the US. Recorded on Feb 3rd, 2025Views are my own thoughts; not Financial, Medical, or Legal Advice. Ray Dalio is a renowned investor, hedge fund manager, and p ... Show More
1h 46m
Mar 2025
Examining the Principles and Methods of Modern Corporate Finance
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Don Chew, Founding Partner of Stern Stewart & Co, discusses his book The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations. Lesley Marks, CIO of Mackenzie ... Show More
29m 2s
Apr 2025
539: The 80/20 CEO on Guiding Your Business from Panic to Profit
Welcome to Strategy Skills episode 539, an interview with the author of From Panic to Profit: Uncover Value, Boost Revenue, and Grow Your Business with the 80/20 Principle, Bill Canady.   In this episode, Bill shares insights from his military background and how it shaped his lea ... Show More
52m 33s
Jun 2024
When Will America Get Its $25,000 Electric Car?
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Auto Reporter Keith Naughton shares his insight on EV makers targeting a $25,000 car for US drivers. Bloomberg News Power and Renewable Energy Editor Will Wade discusses Bill Gates saying he’s re ... Show More
53m 23s
Jul 29
Kevin O’Leary: Why Trump Might Save Us, China Can’t Compete, and the Middle Class Is Screwed | PT 1
In this powerhouse episode of Impact Theory, Tom Bilyeu sits down with the legendary investor and entrepreneur Kevin O’Leary, famously known as “Mr. Wonderful” from Shark Tank. With his trademark candor and economic insight, Kevin breaks down what's really happening with America' ... Show More
55m 41s
Feb 2025
Why Tariffs Could Crush Canada’s Economy — ft. Mike Moffatt
Ed and Scott open the show by discussing Apple’s new investment in “American innovation,” Howard Lutnik’s decision to put his sons in charge of Cantor Fitzgerald, and a new Moody’s Analytics report on U.S. consumer spending. Then Mike Moffatt, Founding Director of the University ... Show More
1h 3m
May 2024
Future Reflections: A look ahead with a longtime Wall Street and ex-Fed economist
Julia Coronado, keen-eyed observer of the economic landscape, shares wide-ranging insights on the economy, monetary policy, commercial real estate and more. “The macro economy is a lot more resilient to the headlines than what you read every day."-Julia Coronado President and Fou ... Show More
39m 52s
Sep 2024
Is this a winning US economy for the Democrats? With Jared Bernstein
Jared Bernstein is the chair of President Biden’s Council of Economic Advisers. Today on the show, Soumaya gets to put him in the hot seat. She grills him about everything from price caps to inflation to the recent jobs numbers. They even get into the mysterious problem of the vi ... Show More
26m 38s
Oct 2024
Peter Orszag
Peter Orszag is a London School of Economics trained economist, best known for decades for his service in government as part of President Clinton's Council of Economic Advisors, the head of the Congressional Budget Office, and eventually for his Cabinet position as head of Presid ... Show More
24m 8s
Aug 2024
Global elections: What impacts can companies expect?
Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.Named the year of global elections, 2024 will see more than 50 countries with over half of the world’s population exercise their right to vote. On today’s episode, host Heather Horn reunites ... Show More
38m 27s