Billionaires will pass on more than US$2 trillion of wealth within the next two decades, according to research by UBS and PwC. Photo: Reuters Billionaires will pass on more than US$2 trillion of wealth within the next two decades, according to research by UBS and PwC. Photo: Reuters
Billionaires will pass on more than US$2 trillion of wealth within the next two decades, according to research by UBS and PwC. Photo: Reuters
Investing

Rich heirs prioritise financial returns over sustainable, do-good strategies just as much as the previous generation did: UBS

  • More than half of family offices surveyed are just as focused on maximising financial returns as in the past
  • Many rich families still see philanthropy rather than investing as the way to have an impact on ESG issues

Topic |   Investing
Billionaires will pass on more than US$2 trillion of wealth within the next two decades, according to research by UBS and PwC. Photo: Reuters Billionaires will pass on more than US$2 trillion of wealth within the next two decades, according to research by UBS and PwC. Photo: Reuters
Billionaires will pass on more than US$2 trillion of wealth within the next two decades, according to research by UBS and PwC. Photo: Reuters
READ FULL ARTICLE