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Billionaire population of Hong Kong, mainland China expands as global great wealth transfer sees more riches inherited than earned: UBS

A global rise in the super-wealthy population comes as a ‘great wealth transfer’ is under way, with billionaires accumulating more riches through inheritance than through entrepreneurship for the first time, according to a report by Swiss bank UBS.

Hong kongBenjamin cavalliWealth management

UBS sees shift in new billionaires away from entrepreneurs to inherited wealth

UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.

Benjamin cavalliMichael vianaJeff bezosKing charlesElon muskAmbitions reportCyprus mail

Number of Billionaires Worldwide Up 7% Y/Y, Their Wealth Up 9%

UBS expects a continuing trend in the improvement of fortunes for billionaires with industrial companies against the background of the energy transition and increased defense spending in several countries.

Benjamin cavalliStrategic clientsWealth managementWiss banking company ubs

Heirs Beat Self-Made Billionaires For First Time In UBS Survey

Heirs Beat Self-Made Billionaires For First Time In UBS Survey
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Elon muskMichael vianaKing charlesBenjamin cavalliJeff bezosJournalism trust initiativeAmbitions reportExternal content your

Billionaires of all ages watching AI: Research

Across the globe, billionaires of all generations are watching and are likely to continue following the opportunities and risks of generative artificial intelligence (AI).

Benjamin cavalliAmbitions reportWealth managementWealth management asia

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