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Asia’s Wealthy Families Turn to Succession Planning as US$83 Trillion Transfer Looms

Singapore, 12 May 2026 – Asia’s wealthy families are becoming more open to succession planning as a historic transfer of private wealth reshapes family businesses, investment management and the region’s private-banking industry.

A UBS report found that more than 40% of Asia-Pacific families are either already transferring wealth or preparing to transfer wealth to the next generation. The shift marks a significant cultural change in a region where inheritance, leadership transition and family control have often been sensitive topics discussed only behind closed doors.

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Author

  • Rebecca Hsu is a Senior Economist and Lead Analyst for The Ledger Asia, focusing on the rapidly evolving financial landscapes of East and Southeast Asia. With a background in sovereign risk assessment and emerging market trends, Rebecca provides sharp commentary on trade dynamics, monetary policy, and the digital economy's impact on regional growth.

    Formerly a strategic advisor for major financial institutions in Hong Kong, she excels at translating complex macroeconomic shifts into actionable insights for investors and policymakers. Her work at The Ledger Asia centers on China’s economic transition and the burgeoning manufacturing hubs of ASEAN, ensuring readers stay ahead of Asia’s shifting financial tides.

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