From Family Legacy to Personal Impact: Redefining Wealth After a Business Sale with Madeline Tomseth, Strategic Impact Partner & Les Schwab Family Member
Description
I'm thrilled to share my conversation with Madeline Tomseth, a fourth-generation member of the Les Schwab Tire family who is reimagining what it means to steward family wealth through intentional philanthropy.
Madeline's journey from growing up immersed in a relationship-driven family business to navigating the unexpected sale of that business offers profound insights into identity, values, and creating meaningful impact. You'll hear about how she's channeling her great-grandfather's legacy of radical generosity into her own donor advised fund and working alongside other next-gen philanthropists to reimagine impact investing.
Madeline opens up about the emotional journey of inheriting wealth, defining her own identity separate from family legacy, and how she and her husband navigate money and values together.
Key Topics:
- Growing up in the Les Schwab family where service and people-centered leadership were core values
- Following her creative passion to pastry school and learning the power of food to create community
- Processing the unexpected sale of the family business and the grief that came with it
- Wrestling with worthiness as a wealth inheritor versus wealth generator
- Founding her own donor advised fund to honor legacy while finding her own voice
- Viewing nonprofit support as true investments rather than one-time gifts
- How next-gen philanthropists are aligning their entire portfolios with their values
Connect with Madeline online:
LinkedIn: https://www.linkedin.com/in/madelinetomseth/
Find more from Syama Bunten:
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Website: wealthcatalyst.com
Podcast: wealthcatalyst.com/getting-rich-together-podcast
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United States
