A family on a yacht in Hainan, China. Photo: Getty Images

Stingy rich Asians trail multimillionaires of North America, Europe on charitable giveaways as wealth erodes

  • Asia’s ultra high net worth individuals gave 0.19 per cent of wealth to charities in 2018, trailing peers in North America and Europe
  • Older wealthy people likely more generous than younger generations to establish legacies, Wealth-X report suggests
Topic |   Philanthropy

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A family on a yacht in Hainan, China. Photo: Getty Images
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