Among the clients surveyed, 42% picked smart agriculture; economic development and poverty alleviation; as well as clean water and sanitation as areas with greatest opportunities for them and their peers to make a positive impact in the future.
Billionaires are aiming to use their wealth or resources to tackle the world’s environmental and societal problems via initiatives that address climate change to biodiversity, health, education and inequality, according to the UBS Billionaire Ambitions Report 2022.
The report, which surveys UBS’s billionaire clients, found that 95% of the respondents believe they have a responsibility to address these challenges, with more than two thirds seeing it as their duty to “lead the way”.
