Ultrawealthy families are pouring billions into private credit and real estate, but cutting back on early-stage startups

Ultrawealthy families are pouring billions into private credit and real estate, but cutting back on early-stage startups

Gary Hershorn/Getty Images

The richest families in North America are quietly reshaping how they invest their money — trading the high-risk thrill of startups for the steady pull of private credit and property.

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