Family philanthropists agree the Covid-19 pandemic has accelerated their sustainable investments, not only driven by their re-evaluation of wealth with purpose priorities, but also by changing consumer expectations and gainful market returns.
Family philanthropists agree the Covid-19 pandemic has accelerated their sustainable investments, not only driven by their re-evaluation of wealth with purpose priorities, but also by changing consumer expectations and gainful market returns.
The population of ultra-high net worth individuals in Africa is growing at a faster pace than any other region in the world, except Asia. According to the 2021 Knight Frank Wealth Report, Africa is expected to see a five-year ultra-wealth growth rate of 33% to reach close to 4,400 individuals by 2026. A lot of that wealth will be created by entrepreneurs.
The population of ultra-high net worth individuals in Africa is growing at a faster pace than any other region in the world, except Asia. According to the 2021 Knight Frank Wealth Report, Africa is expected to see a five-year ultra-wealth growth rate of 33% to reach close to 4,400 individuals by 2026. A lot of that wealth will be created by entrepreneurs.
The Covid-19 delta variant, inflation and central bank tapering are unnerving investors. We expect the pandemic-recovery trade to resume as inflation subsides, infection rates decline and tapering turns out to not equal tightening.
Devansh Jain, the next generation entrepreneur of the Inox Group family business in India, says family enterprises have proven themselves quick to adapt and lead in the Covid-19 crisis and will play an increasingly important role in co-investing in emerging asset classes.
Devansh Jain, the next generation entrepreneur of the Inox Group family business in India, says family enterprises have proven themselves quick to adapt and lead in the Covid-19 crisis and will play an increasingly important role in co-investing in emerging asset classes.
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