The Asia Generational Wealth Report 2025The Asia Generational Wealth Report 2025

The Asia Generational Wealth Report 2025

Succession in a New Era

Asia is entering its most critical chapter of wealth. The region is the world’s fastest-growing financial hub, with private wealth projected to reach USD99 trillion by 2029. Singapore, with its tax-friendly regime, and Hong Kong, as a gateway to Mainland China, anchor this rise. The challenge now is no longer just creating wealth but ensuring it is passed down smoothly across generations.

The Asia Generational Wealth Report 2025: Succession in a New Era – published in collaboration with Boston Consulting Group (BCG) and the National University of Singapore (NUS) Business School, surveyed more than 220 high-net-worth individuals and conducted nine in-depth interviews with families across seven markets in Asia. The report explores the evolving dynamics of intergenerational wealth transfer and succession planning among Asia’s UHNW families.

 

Asia as the fastest-growing wealth hub

fastest-growing-wealth-hub

Source: Primary flows from source markets into top booking centres 2019–2024 (USD), BCG Global Wealth Market Sizing 2025

Key themes

Diverging generational aspirations complicates succession planning

Diverging generational aspirations complicates succession planning

Succession planning is increasingly complex as NextGen priorities shift. While many founders aim to preserve the family business, younger generations often prioritise entrepreneurship and pursue social impact. Families must balance continuity with these ambitions.

Succession is a complex process

Succession is a complex process

Succession isn’t just about passing titles. Within families that see their children as likely successors, 24% believe the NextGen are underprepared. Sustainable wealth and enterprise require governance frameworks – family charters, councils, and shareholder forums—to ensure consensus and real transfer of decision-making power.

The wealth transfer process is often underestimated

The wealth transfer process is often underestimated

Equal division of estates may seem fair but often fragments ownership. 48% of families cite structuring as a challenge, rising to 63% for estates above USD 30 million. Opacity adds risk: 37% of founders retain sole authority over wealth decisions, and 28% keep Wills undisclosed.

Discover expert insights and real-world perspectives from regional HNW families in our latest report. Learn how early engagement and thoughtful planning can transform wealth succession and ensure generational success.

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