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Ultra-wealthy families in Asia, including Singapore, lack succession and crisis planning: DBS report

Ultra-high-net-worth families aspire to pass wealth down to future generations, but a new DBS report released on Oct 30 shows that most of them are not ready.

The Star MalaysiaChor Khieng Yuit查看原文 ↗
星展银行报告称,包括新加坡在内的亚洲超级富豪家族缺乏继承和危机应对计划。

Ultra-wealthy families see wealth transfer as a key priority, with 79% wanting to pass wealth down to two or more generations. -- ST PHOTO: CHONG JUN LIANG / Asia News Network

SINGAPORE (The Straits Times/ANN): Ultra-high-net-worth families aspire to pass wealth down to future generations, but a new DBS report released on Oct 30 shows that most of them are not ready.

Many have yet to put in place the people, plans and operational systems to actually make it happen.

Thank you for your report!

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