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Analysis: Asian billionaires master the markets but drag their feet on succession
The biggest threat to Asian wealth today is not a sudden market crash but the persistent delay of aging founders in resolving family politics, private banking giants UBS and Lombard Odier warn.
Asia's wealthiest entrepreneurs aggressively buy into artificial intelligence and alternative assets to fight global chaos, but they freeze when it comes to passing their empires to the next generation, according to top executives and benchmark data from global wealth management firms UBS and Lombard Odier.
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