UBS(US:UBS) 中国基金报·2025-12-09 11:54Group 1 - The core viewpoint of the report is that the wealth of global billionaires is expected to reach a historic high by 2025, with significant growth in the Asia-Pacific region, particularly in mainland China [2][4]. - By 2025, the number of billionaires globally is projected to increase by 8.8% to 2,919 individuals, with total wealth reaching a record $15.8 trillion, reflecting a 13% growth [4]. - The Asia-Pacific region will see a notable recovery, with the number of billionaires rising from 981 to 1,036, marking the highest growth rate globally [4]. Group 2 - In terms of wealth increase, billionaires in the Asia-Pacific region will experience an 11.1% growth, reaching $4.2 trillion, with mainland China leading at $1.8 trillion [4]. - The technology sector is highlighted as a significant driver of wealth, with billionaires in this industry seeing a 23.8% increase in wealth to $3 trillion, while the consumer and retail sector's growth has slowed to 5.3% [5]. - Investment enthusiasm in China and the Asia-Pacific region has surged, with 34% of surveyed billionaires believing China offers the greatest investment opportunities, a substantial increase from 11% in 2024 [7]. Group 3 - The report indicates that 61% of Asia-Pacific billionaires plan to increase investments in hedge funds, developed market stocks (50%), and gold/precious metals (48%) [8]. - There is a strong interest in emerging market stocks and private equity among billionaires, reflecting a shift in asset allocation preferences [8]. - The report anticipates a continued increase in the number of billionaires and millionaires globally, estimating that by 2040, approximately $6.9 trillion in wealth will be transferred, with at least $5.9 trillion going directly or indirectly to their children [8].