Chart from HSBC

Succession: Entrepreneurs reveal their preferred choices for wealth allocation

Singaporean investors are more likely to invest in future businesses.

Compared to other investors, Singaporeans are more likely to allocate their wealth to future businesses.

According to HSBC’s Global Entrepreneurial Wealth Report, 39% of Singaporean entrepreneurs prefer investing in future businesses.

Looking at Singapore alone, entrepreneurs want to preserve or distribute their wealth to the next generations (66%) the most.

Entrepreneurs also like to allocate their wealth to real assets like personal property, art, and classic cars (35%) and use it for charitable or philanthropic causes (33%).

Some, meanwhile, would use their wealth to pursue projects of passion (19%) and sustainable or impact investing (15%).
 

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley