For family businesses to future-proof themselves, they must consider all the facets of succession planning, the modalities for passing on leadership roles and ownership across generations, family members, and employees
Wealth transfer strategy
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High Net Worth Individuals
The great wealth transfer: Middle Eastern fortunes in jeopardy
The last two decades have seen an explosion of wealth across the Middle East. In Saudi Arabia alone, the number of ultra-high-net-worth individuals (UHNWIs) – those with assets worth at least $30 million – grew by an astonishing 227 per cent over the last five years, according to Knight Frank.
Yet the next two decades will […]