Hong Kong Family Offices Growth 25% Highlights Wealth Hub Appeal

Hong Kong family offices growth 25% underscores the city’s attraction for wealthy families, with Chief Executive John Lee saying more than 3,380 single-family offices are now based in the city, up 25% from two years ago.

Speaking ahead of the Wealth for Good in Hong Kong Summit on March 24, Lee said more than half of these family offices had second-generation or later family members in leadership roles, showing long-term confidence in the city.

The summit drew about 130 family office decision-makers from Asia, Europe, the Americas, Oceania and Africa.

Hong Kong family offices growth 25% was presented as evidence of the city’s continued appeal for intergenerational wealth transfer and global capital.