Ultra-rich families spend more on private investment firms as fortunes rise

Ultra-rich families spend more on private investment firms as fortunes rise

Anciens Huang | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. As the world’s wealthiest pad their fortunes, they are spending more to run their private investment…

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