'Succession’ Characters’ Finances, Analyzed by a Money Expert | WSJ As Spent on TV

The Wall Street Journal8 minutes read

Financial planner Douglas Boneparth dissects the finances of "Succession" characters, discussing Greg's $5 million inheritance and Tom's earnings as an attorney, shedding light on their spending habits and potential financial outcomes. The show highlights the implications of lavish spending on weddings, suits, and potential divorce for characters like Tom and Shiv, giving insight into their financial decisions and future prospects.

Insights

  • Douglas Boneparth provides financial insights on characters from "Succession," highlighting the impact of inheritance, investment choices, and lifestyle disparities on their financial well-being.
  • The show delves into the financial intricacies of characters like Greg and Tom, shedding light on income sources, expenses, and the potential implications of divorce, offering a nuanced portrayal of wealth management and personal finance dynamics.

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Recent questions

  • How much money did Greg inherit?

    $5 million

  • What is the 3% rule for Greg's inheritance?

    $150,000 annually

  • How much does Tom earn annually?

    $180,000 to $250,000

  • What is the cost of Tom and Shiv's wedding venue?

    Approximately $19,000

  • How much are Tom's potential suit expenses?

    $600 to $1,000

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Summary

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"Succession Characters' Finances Analyzed by Planner"

  • Douglas Boneparth, a certified financial planner, analyzes the finances of characters in the show "Succession."
  • Inheritance of $5 million for Greg is discussed, with the 3% rule suggesting he could live on $150,000 annually.
  • Investing in watches like a Submariner may not be as profitable as the US stock market for Greg.
  • Tom's financial background is revealed, earning between $180,000 to $250,000 annually as an attorney.
  • The cost of Tom and Shiv's wedding venue is approximately $19,000 for two days, showcasing their differing backgrounds.
  • Tom's potential suit expenses range from $600 to $1,000, reflecting his upgrade to head of ATN.
  • The possibility of Tom and Shiv's divorce raises questions about asset division, with a prenup likely influencing the outcome.
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