This real estate billionaire prepared his son for succession by forcing him to work for a different boss—'You’re not going to work for me'

Jorge Perez speaking behind some bushes (Credit: Nathalia Angarita/Bloomberg via Getty Images)

• Billionaire Jorge Pérez shocked his son Jon Paul by refusing him a job at the family real estate company until he earned experience working elsewhere. Decades later, the hard work has paid off, and Jon Paul is now taking over as CEO.

If the hit HBO drama Succession taught the business world anything, it is that you should never expect to be handed anything from your family’s business—especially a billion-dollar one. Jon Paul Pérez learned it the hard way.