Wealth Management

Why the rich aren’t talking about the wealth transfer

Only a quarter of 1,800 rich business owners have spoken to their families about passing down their wealth, according to an HSBC Global Private Banking survey

Only a quarter of rich business owners have spoken to their families about passing down their wealth
Only a quarter of rich business owners have spoken to their families about passing down their wealth Photo: Getty Images

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Entrepreneurs are often driven by a desire to shape their own futures, confident that they know how to make the right decisions and choose the best advisers. Such traits can help them expand their businesses, grow their wealth and plan for potential risks ahead.

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