Barclays nextgen

Asia's wealthy heirs defy stereotype

The heirs of the ultra-rich in Asia spend most of their time working, and being able to buy whatever they want is a key personal value, finds a Barclays Wealth survey.

Offspring of the very wealthy in Asia want to be able to buy whatever their hearts desire and are willing to spend the majority of their time working to achieve this.

The next generation of the very rich in the region can generally be found hard at work preserving and growing their family’s fortune “contrary to the belief that those born with a silver spoon are rebellious and spoilt”, found a Barclays Wealth survey, which was released yesterday.

A key personal value for 91% of those surveyed is the ability to buy whatever they want. Further, 78% of those surveyed seek to move with the times and...

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