Family wealth is complicated
Family wealth offers fabulous opportunities, but also comes with enormous pressure. Can I ever live up to all that is expected of me?
It raises questions about identity and doubts about friendship. Who am I without my family name? Do people like me for who I am, or just what I can do for them?
It also creates uncertainty about purpose. Am I free to choose or is my path pre-determined?
Despite the excellence of your college education, it did not equip you for navigating complicated family relationships or making decisions with an abundance of options. Furthermore, you may feel alone. Few people understand the baggage that comes with family wealth and it’s difficult to explain.
Does this sound familiar?
You are not alone.
What is KORE Venture?
A non-profit organization dedicated to empowering and equipping young inheritors (ages 18-35) to navigate the complexities of wealth with a supportive peer community through character and relationship-focused programming.
Our vision is to see young inheritors provide leadership for families, contribute to society, and gain clarity, confidence, and the conviction to pursue their unique path in life.
Community membership is restricted to peers, and by invitation only.
Participant Feedback
What can you expect?
A safe space where you can have authentic conversations and examine the specific challenges you face without fear of judgment.
We believe that if you are surrounded by a supportive, trusting community you will be better equipped to grow, learn, and face the future with confidence.
Our programs and events feature prominent thought-leaders, academics from leading institutions, and experts from around the world. But we focus on topics relating to identity, purpose, and relationships because we believe that fundamental to overcoming the pressures of wealth is understanding one’s value apart from it.
JOIN PEERS FOR...
“The things in this life that seem burdensome, are only burdensome if you do them alone.” - KORE Venture Fellow
Endorsements
Dennis T. Jaffe, Ph.D., Senior Research Fellow at BanyanGlobal Family Business Advisors, and author of Borrowed From Your Grandchildren: The Evolution of 100-Year Family Enterprise
Young people growing up in a wealthy, successful family have a lot going for them. But they also face some deep challenges—discovering who they are and what they want to do given the special life they lead. Families want their rising generation to succeed and be responsible, but they are not usually aware of how challenging and difficult that can be. KORE Venture is a learning journey that takes young people from family enterprises, that offers them an opportunity to define who they are, learn about themselves, and begin to chart their own path independent and alongside the family’s wealth and privilege. This is not something that can be done in a weekend. The depth of KORE Venture offers a set of experiences and a supportive community to learn and grow together at a momentous and critical period of life. There is nothing like it to be found anywhere.
Read more about Dennis Jaffe's comments on KORE Venture in his Forbes article.
James Grubman, Ph.D., family wealth consultant, author of Strangers in Paradise: How Families Adapt to Wealth Across Generations, and co-author of Cross Cultures: How Global Families Negotiate Change Across Generation
Fostering the Rising Generation around the world is immensely worthwhile on many levels – the individual, the family, and society. We all benefit when fortunate young people learn to fulfill the complex roles and responsibilities they will have as adults. KORE Venture is a wonderful initiative to help lead these individuals to find their purpose and their place as influential global citizens.
Dave Evans, co-author of Designing Your Life, co-founder of the Stanford Life Design Lab and Lecturer, Stanford Design Program
We’ve helped thousands of young people build a well-lived joyful life. But only recently have I come to appreciate the unique challenges facing those who create or inherit substantial wealth. I’m delighted to be part of KORE Venture and to help young people from families with abundance the world over find purpose and meaning and to become wise stewards of resources, opportunity, and influence.
KORE Venture Participant Feedback
“I can say with full honesty that KORE Venture has been one of the best things I’ve done in my life.”
“It’s a journey that will give you meaning, friendship, love, identity, but most importantly, the confidence to face the future without fear in your heart.”
“… what I didn’t realize I truly needed was a community of like-minded people, from similar backgrounds… And we’ve become like a family.”
“The [program] so far has given us a sense of safety and vulnerability, just to be able to be ourselves and to be open and be candid with one another.”
KORE Venture Parent Feedback
“It stretches them like they’ve never been stretched before as far as having to understand their purpose in life.”
“The joy that we’re taking away from this, from seeing our adult children grow into womanhood and manhood, you can’t put a measure on that.”
“This was by far the most impacting and meaningful thing she’s done.”
“She’s moved from an insecurity to an ownership of who she is and why she’s here.”
Edward Brooks, Ph.D., Executive Director of the Oxford Character Project
Stretching back to the ancient world, the questions of how to live a meaningful and satisfying life and how to live well with others in society have occupied the leading thinkers of each generation. The Oxford Character Project is delighted to partner with KORE Venture in helping an up-and-coming generation develop as the wise thinkers and good leaders our world desperately needs.
Todd DeKruyter, author of Navigating Life with More than Enough
The biggest struggle of my life has probably been understanding and accepting my identity as an inheritor. It still sounds odd for me to admit that out loud—but then that’s the very heart of this problem: there are so few people to talk to. It’s such a unique challenge. I wish a program like KORE Venture had existed in my 20s. The KORE Venture team has come up with a thoughtful and comprehensive approach for helping inheritors grapple their unique struggles.
Mindy Kalinowski Earley, Family Office Exchange, Chief Learning Officer
Programs focused on educating rising generation members of wealthy families are becoming commonplace. What they lack is precisely what distinguishes KORE Venture from the rest: education of the whole person beyond the basics of financial literacy and family governance. KORE Venture addresses the realities of living with wealth, makes space to consider meaning and purpose in life and establishes peer cohorts and coaching relationships.
Mary Johnstone-Louis, Ph.D., Saїd Business School, University of Oxford
The times in which we live can leave us with a profound longing to live lives that are connected, coherent, and marked by sustained and meaningful community. For those making sense of their identity in light of family legacy, issues of authenticity, transparency, trust, and personal purpose can become burdensome; or can serve as a set of powerful orienting questions that guide one's life path. KORE Venture promises to be an incredibly valuable opportunity to thoughtfully and holistically consider these questions, a journey of discovery which I believe will deliver unexpected dividends for years to come. I’m looking forward to participating.
Marco Blankenburgh, International Director of KnowledgeWorkx
Young adults educated in a different culture to their parents often feel culturally isolated. A blend of family values from the past and those more recently absorbed as a global citizen living abroad often creates tension between conforming to family culture while allowing freedom for individual expression. Resolving this tension requires new skills and a different form of intelligence – intercultural intelligence. I am delighted to endorse and contribute to KORE Venture and to help participants and their families on this crucial journey to develop the intercultural intelligence they need to thrive as leaders in a complex and global world.