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Next-Gen Gulf Heirs Push Family Wealth Into Crypto and Hedge Funds
Yahoo Finance· 2025-10-07 09:46
Next-gen heirs in the Gulf are steering centuries-old fortunes toward crypto and hedge funds, signaling a break from the traditional focus on real estate and local businesses. Key Takeaways: Gulf heirs are shifting family wealth from real estate to crypto and hedge funds. The Kanoo twins led one of the region’s earliest family office Bitcoin bets in 2020. Major banks and hedge funds are targeting the Gulf as younger generations seek diversified portfolios. Leading the charge are Abdulaziz and Abdu ...