Global research explores how newer wealth, continued business ownership, and family stewardship influence philanthropic practices among Asia's wealthiest families
- Roughly 94 percent of Asia's wealthiest families are first- or second-generation wealth holders
- Approximately 95 percent of Asia's wealthiest families retain control of the businesses that generated their wealth
SINGAPORE –
Media OutReach Newswire – 8 September 2026 – As private wealth continues to expand globally and an estimated US$74 trillion is expected to transfer between generations over the next 20 to 25 years, understanding how wealthy families approach philanthropy is becoming increasingly important.