New global research led by The Bridgespan Group examines how Asia's wealthiest families engage in philanthropy, focusing on the role of newer wealth, ongoing business ownership, and family stewardship. The study analyzed 186 wealthy individuals and families across 20 countries, revealing that approximately 94% of Asia's wealthiest families are first- or second-generation wealth holders, and around 95% maintain control of the businesses that created their wealth. The research highlights that Asian families often connect their philanthropy to broader themes like business succession, community involvement, and long-term stewardship. It notes that family-owned enterprises play a significant role in philanthropy, with 11 of Asia’s 20 largest corporate funders being family-linked, compared to just four globally. The findings emphasize the unique characteristics of family-based philanthropy in Asia, driven by deep personal commitment and cross-sector relationships.
Bias read (Center): The article presents a neutral overview of research on philanthropy practices among Asia's wealthiest families, focusing on patterns related to business ownership and family stewardship. There is no overt ideological framing, loaded language, or one-sided emphasis. The content remains descriptive of



