EconomySurvey finds 66% of ultra-rich families’ young heirs are unprepared to take over
Ultra-rich families worldwide are more concerned about wealth succession than political uncertainty, with most next-generation heirs not ready to take over assets worth trillions of dollars, a Julius Baer survey found. The Swiss bank and EY analysed responses from more than 700 financial professionals advising ultra-high-net-worth families.
Survey finds 66% of ultra-rich families’ young heirs are unprepared to take over
Economy