Dynasties Fortunes and Misfortunes of the World's Great Family Businesses

From the author of the New York Timesbestseller The Wealth and Poverty of Nations, a fascinating look at the crossroads of kin and coin David S. Landes has earned a reputation as a brilliant writer and iconoclast among economic historians. In his latest acclaimed work, he takes a revealing look at the quality that distinguishes a third of today’s Fortune 500 companies: family ownership. From the banking fortunes of Rothschild and Morgan to the automobile empires of Ford and Toyota, Landes explores thirteen different dynasties, revealing what lay behind their successes—and how extravagance, bad behavior, and poor enterprise brought some of them to their knees. A colorful history that is full of surprising conclusions, Dynastiesis an engrossing mix of ambition, eccentricity, and wealth.

David S. Landes is professor emeritus of history and economics at Harvard and the author of the New York Times bestseller The Wealth and Poverty of Nations. His other acclaimed books include Bankers and Pashas, The Unbound Prometheus, and Revolution in Time.