The rise of self-made billionaires is becoming evident among high-net-worth individuals (HNWI), with the latest Wealth Report by property consultant Knight Frank showing none of the super-rich attributed more than 70 per cent of their wealth to inheritance.
The report released on Tuesday showed that a majority of the super-rich attributed inheritance to 30 to 40 per cent of their wealth.
Get Trusted News for Only Ksh99 a Week
Subscribe Today & Save!
Get Started
Unlimited access to all premium content
Uninterrupted ad-free browsing experience
Mobile-optimized reading experience
Weekly Newsletters
Already a subscriber? Log in
The rise of self-made billionaires is becoming evident among high-net-worth individuals (HNWI), with the latest Wealth Report by property
consultant Knight Frank
showing none of the super-rich attributed more than 70 per cent of their wealth to inheritance.
By Graham Kajilwa