I started a networking group for millionaires. The No. 1 worry probably isn't how to stay rich — it's how not to screw up your kids.

I started a networking group for millionaires. The No. 1 worry probably isn't how to stay rich — it's how not to screw up your kids.

Courtesy of TIGER 21

This as-told-to essay is based on a transcribed conversation with 69-year-old Michael W. Sonnenfeldt, the founder of TIGER 21, a membership organization for high-net-worth individuals. The following has been edited for length and clarity.

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