Where are all the billionaire next gens? Running venture funds and doing lots of deals

Scions of very rich families think venture is where the action is when it comes to the business world. And many of them are setting up venture funds to mix in arguably the most glamorous part of the business world. They see venture and the digital economy as the future for business and their backing their hunch with family money as well as funds from other investors who believe they’ve got a good investment story to tell. Who would bet against them?