Banking, Entrepreneurialism and the Next Generation of Wealth Holders
BNP Paribas Wealth Management in Asia collaborated with Campden Research to develop this report to better understand the key drivers and motivating factors at play with the ultra-high networth NextGen community in Asia.
BNP Paribas Wealth Management in Asia collaborated with Campden Research to develop this report to better understand the key drivers and motivating factors at play with the ultra-high networth #NextGen community in Asia; they are an emerging generation of Entrepreneurs with great clarity of purpose and direction.
Asia has seen a prolific value creation in the past couple of decades and Entrepreneurialism is at the heart of this economic expansion and with majority of wealth creators (mostly first generation Entrepreneurs) now at the cusp of an intergenerational transfer.
The research methodology saw engagement with a very diverse set of ultra-high networth NextGeners who other than being native to Asia can best be considered as global citizens of the world. The average age of the NextGen was 38 years and average family networth at US$640 million.
These are individuals who are highly educated and come with considerable amount of prior work experience; majority of them already successful business owners in their own right with diversified interests in Finance & Technology.
The report focuses on a multitude of points that shapes their thinking around a diverse set of topics. What's noteworthy is the enormous respect they have for their parent's approach to business and financial prudence; actively seeking to be guided by those experiences.
Trailed are some of the key findings of the report; we encourage you to download the abridged version of the report and should you need to have an in-depth view then kindly reach out to us by filling out the contact form.