Three-quarters of Asian entrepreneurs have
seen an increase in their wealth over the past 12 months and 84%
expect their wealth to further increase in 2012, a marked
difference from non-Asian wealthy, new research suggests.
In comparison, only 49% of non-Asian
entrepreneurs saw their wealth increase over the past 12 months and
70% expect their wealth to increase further over the next 12
months.
Go deeper with GlobalData
Scorpio Partnership’s Futurewealth
study found Asia’s wealthy are enjoying the ride of their wealth
growth, are more ambitious, more driven, and consider wealth as a
measurement of success or increased social status, compared to
non-Asian wealthy.
Average Asian HNW aim for
$10m
This wealth confidence difference is
underscored by the average money goal surveyed.
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By GlobalDataThe average money goal for the Asian
entrepreneur is approximately $10m. Almost 40% of these Asian high
net worth (HNW) believe they can achieve that goal in one to five
years.
In contrast, the non-Asian entrepreneur has an
average money goal of $7.7m and only 23% of these HNW believe they
can achieve their goal in one to five years.
Scorpio’s research surveyed 3,300 HNW
individuals.
