BUSINESSSCMP WORLD
From wealth transfer to living legacy: How Asia’s founders are architecting the future
Asia is facing a significant economic shift as an estimated US$5.8 trillion in wealth is set to transfer from founding generations to successors by 2030. Complex corporate holdings and cross-border lifestyles are complicating the execution of smooth succession.
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Adjacent reporting
- Asia’s affluent families rethink legacy planning as complexity shifts focus to execution
- Asia’s rich fear losing the family fortune — but many still have no succession plans, survey shows
- Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump
- Asia’s silver dividend can offset ageing’s economic toll
- The $124 trillion Great Wealth Transfer is more than just cash: More U.S. businesses are now being inherited than bought, BofA finds