What Do the Ultra Wealthy Look for in an Education?
Wealth-X surveyed about 400 of the world’s leading private bankers and wealth advisors who collectively manage assets for about 45,000 UHNWIs with a combined wealth of over US$500 billion.
“The most prominent reasons why UHNWIs send their children overseas is to broaden their perspective to receive a better education and to develop better prospects”
~ Wealth X
With increased globalization, more UHNWIs are seeing the benefits of an international education; 80% of respondents said that UHNWIs will be more likely to send their children to a different country for their education over the next decade. The most prominent reasons why UHNWIs send their children overseas is to broaden their perspective (cited by 70% of global respondents), to receive a better education (68%) and to develop better prospects (42%).
Related Reports: Wealth-X, Knight Frank
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