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Insights

Switzerland: Global Hub for Family Wealth and Succession

By

Katarzyna Lomnicka

Championed by Global Affluence: A host of the planet's wealthiest personas have chosen Switzerland as their wealth management cornerstone. Some of the richest families in the world have their assets managed in Switzerland.

Championed by Global Affluence:

A host of the planet's wealthiest personas have chosen Switzerland as their wealth management cornerstone.

Some of the richest families in the world have their assets managed in Switzerland, including:

  • The Walton family, the founders of Walmart, is estimated to have over      $200 billion in assets under management (AUM) in Switzerland.

  • The Koch family,      the owners of Koch Industries, is estimated to have over $100 billion in      AUM in Switzerland.

  • The Saudi Royal Family is estimated to have over $50 billion in AUM in      Switzerland.

  • Lakshmi Mittal,      the Indian steel magnate, is estimated to have over $10 billion in AUM in      Switzerland.

  • Bernard Arnault,      the French luxury goods magnate, is estimated to have over $5 billion in      AUM in Switzerland.

  • Mukesh Ambani,      the Indian oil and gas magnate, is estimated to have over $5 billion in      AUM in Switzerland.

  • The Mars family,      the owners of the Mars candy company, is estimated to have over $5 billion      in AUM in Switzerland.

  • The Bettencourt family, the owners of L'Oréal, is estimated to have over $5      billion in AUM in Switzerland.

  • Carlos Slim,      the Mexican telecom magnate, is estimated to have over $5 billion in AUM      in Switzerland.

  • The Pritzker family, the owners of the Hyatt hotel chain, is estimated to      have over $5 billion in AUM in Switzerland.

  • The Cargill-MacMillan family, the owners of the Cargill      agricultural giant, is estimated to have over $5 billion in AUM in      Switzerland.

  • Elon Musk,      the CEO of Tesla and SpaceX, is estimated to have over $5 billion in AUM      in Switzerland.

These are just a few examples of the many ultra-wealthy individuals and families who trust Switzerland to manage their assets. The country's reputation for stability, privacy, and discretion is unmatched, making it the ideal destination for those who want to protect and grow their wealth for generations to come.

Why do these rich families choose to manage their assets in Switzerland?

Through the ages, Switzerland has been the anchor point for the world's elite to entrust their assets. Its combination of fiscal robustness, unyielding dedication to privacy, and top-tier banking offerings earmark it as a premium choice for the affluent aiming for both asset security and augmentation.

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