|Photo: Liechtensteiner Vaterland / Vaterland.li|
On Wednesday this week, Prince Philipp was one of the speakers at the Family Office Forum Liechtenstein conference held in Vaduz. At the event organised by the University of Liechtenstein, the prince gave a speech about the development of Liechtenstein as a successful location for family offices (meaning the management of family wealth).
As one does, Prince Philipp also gave a short interview to 1 FL TV about the forum, the Principality's locational advantages and the differences between the German words Reichtum and Vermögen: Even though both are generally used as synonyms for wealth, the first one basically means you are rich, while the second one also implies a certain capability (or something along those lines, I was getting quite philosophical there). More visuals can be found at Vaterland.
Source: Wirtschaftszeit, 1 FL TV