Over the next 50 years, we will witness a monumental shift in wealth that will mark the most significant transfer of assets in history. This transition is not just a financial event but a global phenomenon that will shape our shared future, given pressing global challenges such as climate change and geopolitical conflicts. The next generations of wealthy families will be making decisions that can have far-reaching implications, underscoring the importance of taking a thoughtful approach to wealth and its impact.
Wealth is often viewed as being the pinnacle of success, as providing comfort, freedom and the power to shape one’s life and the lives of others. However, wealth is far more complex than mere financial prosperity, also encompassing a range of values, responsibilities and challenges, especially for those born into affluence. Understanding the true meaning of wealth and its implications is crucial to the next generations’ ability to utilize wealth for impact.
Wealth is an avenue to have an impact, not something to be personally glorified or to showcase huge achievements.
This study examines wealth in many of its facets. It explores the perspectives of multiple generations of wealth holders on wealth and its five dimensions, namely, creating, investing, spending, giving, and transferring wealth, and aims to provide insights into how wealth can be leveraged for positive impact.
This pioneering report aims to inspire wealth holders on how they can live their values out in practice and engage in meaningful discussions with their families.
A total of 20 inspiring individuals shared their experiences, insights and advice with us. Discover a small selection of the case stories included in the study here.
We have only briefly touched on the topics covered by the study. Download the study to find out more.
