Billionaires: The Rising Wealth of Ultra-Wealthy Families by 2030
Thursday, 5 September 2024, 14:00
Projecting Billionaires' Wealth Growth Until 2030
Billionaires worldwide are seeing their fortunes swell, with a recent report projecting that ultra-wealthy families will command a staggering $9.5 trillion by 2030.
Insights from the Deloitte Report
A new Deloitte report underscores the trend, revealing that family offices — organizations that manage investments for wealthy families — are expected to increase to 10,720 by 2030. These family offices play a pivotal role in wealth preservation and growth.
Implications of Wealth Growth
- Economic Influence: The rise in wealth among billionaires will have significant economic implications globally.
- Investment Strategies: Ultra-wealthy families are redefining investment approaches, steering towards diverse asset classes.
- Family Office Trends: The expansion of family offices indicates a shift in how wealth is managed intergenerationally.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.