New US Privacy Laws Make Privacy a Business Necessity
Eight new state privacy laws have come into effect in the US in 2025, imposing significant fines for non-compliance. Privacy, now more than ever, is not just personal but a crucial business strategy, shielding families, and reputations. Experts like Chad Angle, Head of ReputationDefender at Gen Digital, stress the importance of privacy for entrepreneurs.
Angle highlights that wealth and privacy are built deliberately, using structures like trusts and holding companies. Business owners can protect their wealth by running annual digital audits and training family members and assistants. The goal is not to hide but to protect companies, families, and legacies. True wealth today is about what remains unseen, not flaunted.
AI and data brokers can expose executives and families, making strong leaders adopt encrypted communication and anonymization tools. Discretion has become the ultimate status symbol for entrepreneurs, surpassing traditional symbols of success. Entrepreneurs in the Forbes Business Council, especially those handling sensitive data or subject to data protection regulations, must recognize privacy as part of their corporate risk management and implement protective measures.
In 2025, privacy laws have made privacy a legal and strategic necessity for businesses. Leaders like Chad Angle emphasize the importance of protecting wealth and privacy through deliberate design and practical steps. For entrepreneurs, invisibility is a rare luxury that protects them and their businesses from unnecessary risks.