HSBC Global Entrepreneurial Wealth Report: U.S. Entrepreneurs Optimistic Amid Global Market Uncertainty
HSBC Holdings, plc. (HSBC)
US:NYSE Investor Relations:
hsbc.com/investor-relations
Company Research
Source: Business Wire
41% of U.S. entrepreneurs actively contribute to charitable causes—the most philanthropic group among all markets surveyed.81% agree they feel valued by society, and 80% agree they actively seek to make a positive impact in their communities.44% of high-net-worth and ultra-high-net-worth (HNW/UHNW) U.S. entrepreneurs intend to pass their businesses on, either within the family or to other successors.36% of U.S. entrepreneurs own multiple businesses, aligning with the global average, while 20% plan an exit within five years. NEW YORK--(BUSINESS WIRE)--HSBC’s Global Entrepreneurial Wealth Report 2024 reveals that an impressive 94% of U.S. HNW and UHNW entrepreneurs are optimistic about future business prospects, and 88% believe their wealth will grow in the next 12 months, even as markets face uncertainties.The study, conducted by Ipsos UK on behalf of HSBC Global Private Banking across ten markets—including the U.S., UK, Switzerland, China, and UAE—surveyed 1,798 HNW and UHNW busine
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