High-net-worth individuals have one big strategy going forward—and it’s not playing the stock market.
High-net-worth individuals are planning to pour most of their money – by far – into real estate in 2023 and beyond.
In a recent study conducted by Fortune’s Chloe Taylor, the 1,200 ultra-high-net-worth members of the Tiger 21 network, comprised of entrepreneurs, investors, and executives, are “wealth preservers,” in the words of Michael Sonnenfeldt, the organization’s chairman. Worth a collective $130 billion, this ultrawealthy group knows better than most how to hang onto their immense assets.
Sources: Fortune, Chloe Taylor, Tiger 21 Network, Michael Sonnenfeldt
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