Why Do the Ultra Wealthy Give?

What motivates the ultra wealthy to give?

Wealth-X conducted an Attitudes Survey in conjunction with Knight Frank to gain insights into the perspectives and behaviors of the ultra wealthy around wealth management, philanthropy, wealth transfer and more. The survey was based on the views of around 400 of the world’s leading private bankers and wealth advisors who, between them, manage assets for about 45,000 ultra high net worth (UHNW) individuals with a combined wealth of more than $500 billion.

Although protecting their wealth is a preoccupation for many UHNW individuals, giving much of it away is also important.