Billionaire Report 2016
Overview
The past 20 years’ exceptional wealth creation will soon be followed by the biggest-ever wealth transfer. It is estimated that fewer than 500 people will hand over USD 2.1 trillion to their heirs over the next 20 years. For most Asian economies, where over 85 percent of billionaires are first generation, this will be the first-ever handover of billionaire wealth. Billionaires matter. They create and hold immense wealth. Shifts in the structure of that wealth matters to the wealthy and their families. But they also impact the global economy and society as a whole. This report shines a light on tomorrow’s wealth landscape.