The most common action taken by billionaires worldwide in 2020 to manage their wealth was changes to their investment strategy. The most common planned action to take the coming 12 months, as of July 2020, was to accelerate succession planning, which almost 60 percent stated they were planning, a significant increase compared to only 17 percent who actually did so in the previous 12 months.
Wealth management actions planned and taken by billionaires around the world in 2020
The source adds the following information: "This is the seventh of our reports on billionaire wealth, continuing our investigation into this historic era of wealth generation. Our research universe covers more than 2,000 billionaires from 43 markets in the Americas, EMEA and APAC, looking back over more than two decades. Our database includes the 43 largest billionaire markets, which account for around 98% of global billionaire wealth. Further, we’ve conducted about 60 conversations with billionaires. Our research sources include PwC billionaire data and UBS sustainability ratings."
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UBS. (September 21, 2020). Wealth management actions planned and taken by billionaires around the world in 2020 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1072736/billionaires-wealth-management-actions-worldwide/
UBS. "Wealth management actions planned and taken by billionaires around the world in 2020 ." Chart. September 21, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1072736/billionaires-wealth-management-actions-worldwide/
UBS. (2020). Wealth management actions planned and taken by billionaires around the world in 2020 . Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1072736/billionaires-wealth-management-actions-worldwide/
UBS. "Wealth Management Actions Planned and Taken by Billionaires around The World in 2020 ." Statista, Statista Inc., 21 Sep 2020, https://www.statista.com/statistics/1072736/billionaires-wealth-management-actions-worldwide/
UBS, Wealth management actions planned and taken by billionaires around the world in 2020 Statista, https://www.statista.com/statistics/1072736/billionaires-wealth-management-actions-worldwide/ (last visited November 22, 2024)
Wealth management actions planned and taken by billionaires around the world in 2020 [Graph], UBS, September 21, 2020. [Online]. Available: https://www.statista.com/statistics/1072736/billionaires-wealth-management-actions-worldwide/