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Ultra-rich families set to control $9.5 trillion by 2030: Report
short by System User / on Thursday, 5 September, 2024
A Deloitte report projects the wealth of ultra-rich families to surge to $9.5 trillion by 2030, a 73% increase from current levels. Family offices, managing vast assets, are expected to grow by one-third, with their influence rivaling hedge funds. As wealth inequality deepens, these entities are becoming key players in global finance, often employing activist investment strategies.
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