<div>Across the Old Internet and derivative circuits, T, the first trillionaire, was officially anointed. There are likely a few other trillionaires worldwide, but kleptocrats do not officially count. Still, the rise of autocrats worldwide produced more oligarchs who fused wealth with political power. This cohort from across the world aims to enhance their positions of wealth and power, creating a feedback loop reinforcing and improving their positions in the global economy. Remember, all billionaires in the 2020s who indulged in politics are oligarchs, as were the politicians who leveraged their influence to amass enormous wealth. A trillion dollars is a one with 12 zeros following. For perspective, $1 trillion in wealth represents a greater sum than the gross domestic product of countries such as Switzerland, Sweden and Austria. Today, only 18 countries have a GDP that exceeds $1 trillion. Put another way, a person would have to spend more than $27 million daily for one hundred years to come close to spending $1 trillion, or if a person spent one dollar every second, it would take more than 30,000 years to spend $1 trillion. T’s fortune is predicated on generative artificial intelligence (AI). In T’s case, AI was the foundation of his enormous wealth, which he has extended into other areas, all of which depend on AI in some fashion. Even his physical assets, from artwork to real estate, are enhanced because of AI. Many of the centi-billionaires close on his heels created vast fortunes pre-AI. However, AI is proving a necessity to economically upscale and join the trillionaire set. Before detailing T’s family office, a brief review of the trend in growing income disparity is in order.The Rise And Rise Of The Ultra-WealthyIn 2024, the super-rich had fortunes of $500 million or more. A few people had net worths of hundreds of billions of dollars, and there were a few thousand lower-level billionaires worldwide. By 2030, nearly 70% of the world’s wealth was owned, directly or indirectly, by 1% of the population. AI and robotics have reconfigured most of the world's jobs.There was much talk then and some years after about income inequality, and taxing billionaires was proposed to attain greater equality. There were attempts to do so, but there was a lack of political will.For example, the billionaire tax was implemented in 2025 and rescinded in 2027. An AI program called Midas (after the King) dissected the tax code to find inappropriate punctuation and unintended consequences. Critically, Midas uncovered legal ways for billionaires to make money from the law, which intended to make them pay higher taxes.The failure to effectively tax billionaires was followed by the Billionaire Free Pass Tax Law, which codified trickle-down economics. While the law has since been modified, there is no question that those in the financial stratosphere have the resources to determine the taxes they owe. The tax regime and governmental support programs are incredibly significant in someone’s ability to amass $1 trillion and are due, in part, to the oligarchs and their enablers.T’s Family OfficeBack then, the super-rich established family offices to optimize their financial and personal lives. Then, a family office is an expert coordinator of experts. Some professionals were in-house, and many were specialists called upon as needed. Senior management’s role was to deeply understand family members' goals, needs, wants, concerns and anxiety to help them achieve their agendas. Most of these family offices focused on managing the family’s wealth, from investing to addressing tax matters.In the 2020s, family offices for the super-rich were becoming increasingly professionalized. Today, they are well-run organizations that have adapted to support family dynasties. Many of the functions of a family office are handled by AIs. Still, emotionally intelligent professionals with exceptional comprehensive and communication skills drive these family offices. These professionals are also very adept at prompting and using AI programs.T's ownership of his companies is in low-orbit jurisdictions to protect intellectual property, minimize liability and taxes, and ensure safety from short-sighted governments that represent most of the world's governments. Physical assets, including commercial and personal real estate, museums and their contents, and transport such as cars, yachts, trains and globe-crossing supersonic planes, are held in interlocking corporate entities and trusts worldwide, which, in turn, are owned by off-world companies.Being very philanthropic, T has a sizeable private foundation and several NPICs (non-profit investment corporations). The latter enables capitalistic philanthropy, which is all the rage among the billionaire set and even the ultra-wealthy. NPICs are a perfect way to support worthy causes, create greater personal wealth, and reinforce their political agendas.The family office addresses other matters for T, such as healthcare. Even with and sometimes because of AI-generated advances in medical treatments and care, healthcare is officially rationed everywhere, but there are ways to ensure access. Concierge medicine became popular in the 2020s and boomed exponentially after that. The leading medical institutions embraced concierge medicine because it was impossible to provide adequate care depending on patients from insurance companies and the government. Today, the ultra-wealthy rely on concierge medicine for care and to support longevity.Personal security is another primary concern of T, billionaires and the ultra-wealthy. Concern about those less successful in targeting them, their loved ones and their assets is a severe problem. Relying on the government, from the police to the acronym agencies, is not considered foolish. The only solution is to be proactive. Some examples include using AI, retained intermediaries and false flag operations to conceal their identities, fortify their lives with human and non-human security, and be prepared to override litigation. This has become all the more important with the advents of predators-for-hire.Implications For The Private Wealth IndustryEverything we predict is much closer to reality than most private wealth industry professionals would care to admit. By 2030, the private wealth industry will be meaningfully different than it is today. Vestiges of the current systems will remain due, in part, to a need for the zeitgeist to change. However, AI will transform the world, and the private wealth industry will not be left out of that transformation.Before family offices become the dominant private wealth solution for the 1%, the roles of private wealth industry professionals will change dramatically. For example, most technical specialists will be the first to go. Their expertise can readily come from an AI. For instance, the wealth managers of 2024 will be replaced by para-advisors and wealth advocates for the top 5%.The paradigm shift in the private wealth industry will significantly benefit the wealthy and everyone else. The industry's obscurity will be gone. While professionals will still be required to help clients make smart decisions, their ability to do so will be a function of emotional intelligence, determining objectives through discovery, AI and collaborative thinking.All but AI is here now, and those professionals helping their clients make smart decisions are significantly more helpful than their peers. By 2030, the remuneration will be substantially better. The compensation for wealth advocates is majorly greater compared to current wealth managers. One million in annual income today will likely become eight or nine million in today’s dollars.Jerry D. Prince is the director of Integrated Academy, part of Integrated Partners, a leading financial advisor firm. Russ Alan Prince is a strategist for family offices and the ultra-wealthy. He has co-authored 70 books in the field, including Making Smart Decisions: How Ultra-Wealthy Families Get Superior Wealth Planning Results.</div>

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A Family Office For A Trillionaire

Across the Old Internet and derivative circuits, T, the first trillionaire, was officially anointed. There are likely a few other trillionaires worldwide, but kleptocrats do not officially count. Still, the rise of autocrats worldwide produced more oligarchs who fused wealth with political power. This cohort from across the world aims to enhance their positions of wealth and power, creating a feedback loop reinforcing and improving their positions in the global economy. Remember, all billionaires in the 2020s who indulged in politics are oligarchs, as were the politicians who leveraged their influence to amass enormous wealth.