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Damon Kitney

Damon Kitney

Australian financial journalist and author, Weekend business columnist for The Australian and biographer of James Packer ("The Price of Fortune").

Aug 24, 2026

8:39
Um, but I find the families that do it well, um, are not the ones that are the grandstanders or, um, out there in the headlines.
8:49
Um, they're the ones that are quietly, you know, doing this behind the scenes, or their brand is very public, but their profile is very, very low, or they sit behind other people that are in the public eye.
9:03
And it's the same with delegation and empowerment of the next generation.
9:08
Newspapers are littered with stories through the courts of where you have, you know, patriarchs and matriarchs where they say, "It's my way or the highway." Uh, they don't accept the, the views or, um, or, uh, attitudes of the next generation.
9:24
Um, and they take that, sadly, to their grave.
9:27
And I, I have seen some families that are amazing in the way that they empower the next generation, um, where they're willing to be open about what they can't do well, and they're all- a- and they're, then they empower the next generation to, to fill in those gaps where they, where they don't have those skills.

22 MINS LATER

31:27
Mm.

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