How next-gens are using their wealth for impact

Nina Hoas and Silvia Bastante de Unverhau from LGT Philanthropy Advisory join Anissa Punjani to discuss their new research paper Wealth for impact: global perspectives from the next generations of wealth holders.

This deep-dive study is based on interviews with more than 60 individuals from 30 different countries, aged between 18 to 77. It examines how wealth holders perceive privilege, responsibility, and personal values, and explores how this wealth is created, invested, spent, given, and transferred.

The report comes as the world stands on the brink on an unprecedented transfer of wealth, with all eyes on the next generation, whose actions are set to re-shape financial landscapes as well as wider society. 

During their interview, Hoas and Bastante de Unverhau talk about where the idea for the study came from and highlight some of the key findings, including a strong focus on values, how next-gens are seeking out more blended approaches to giving and impact, and a surprising openness when discussing what is often a taboo topic.

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Circle is a partnership between Philanthropy Age and the Pearl Initiative. It is supported by the Gates Foundation.