“Starting a business has actually become the fastest way to lose a fortune,” Camryn said. “So many second- and third-generation heirs rush into entrepreneurship, only to lose everything and end up relying on their parents to clean up the mess. Even a giant like FC & Co. experiences losses.”
Serenity nodded. “That’s right. Business has its ups and downs. No one stays at the top forever. York Corporation is no exception. We had losses in one quarter during the first half of the year and only small profits in another. The second half was slightly better.”
“When business is bad, my husband’s brows are so tightly knit they could trap a mosquito,” Serenity added with a wry smile. “He goes outside and smokes one cigarette after another.”
At times, when cash flow was tight, Zachary even had to use his personal funds to stabilize the company, only reclaiming the money once operations normalized.
York Corporation had once focused heavily on real estate. When the market peaked, they began transitioning early. By the time the real estate sector declined, they had already diversified into multiple industries—some profitable, some not.
That was how they had survived and grown, retaining their position as the wealthiest family in Wiltspoon.
Serenity understood deeply how exhausting it was to lead a family empire. Her husband was the one shouldering that responsibility. She often told him she hoped their children wouldn’t have to inherit that burden if possible.