Adrian Cheng, Chair of the Hong Kong Academy for Wealth Legacy (HKAWL), discusses Asia’s US $5.8 trillion intergenerational wealth transfer and the shift toward strategic philanthropy, referencing the Centre for Asian Philanthropy and Society’s study “Family Philanthropy in Asia: Insights from Five Families,” which finds that family philanthropy in Asia strengthens intergenerational bonds through shared purpose and collaborative social impact.
Read the article here.