HSBC Global Entrepreneurial Wealth Report: U.S. Entrepreneurs Optimistic Amid Global Market Uncertainty
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41% ofU.S. entrepreneurs actively contribute to charitable causes—the most philanthropic group among all markets surveyed. -
81% agree they feel valued by society, and80% agree they actively seek to make a positive impact in their communities. -
44% of high-net-worth and ultra-high-net-worth (HNW/UHNW)U.S. entrepreneurs intend to pass their businesses on, either within the family or to other successors. -
36% ofU.S. entrepreneurs own multiple businesses, aligning with the global average, while20% plan an exit within five years.
The study, conducted by Ipsos
“As a leading global wealth manager, HSBC is committed to empowering entrepreneurs across the
Additional
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A Supportive, Yet Challenging Environment: While
74% ofU.S. entrepreneurs agree they feel government support (in the form of regulations, laws and policies) —slightly below the global average—their optimism is underpinned by a long-term vision rather than short-term political factors. However, inflation remains a top concern, with43% selecting it as a major challenge, compared to31% globally. -
Confidence in Opportunity and Ability:
51% ofU.S. respondents cite the availability of business opportunities as a core driver of optimism about their business prospects, while50% attribute their confidence to personal business acumen, showcasing faith in both the market and their own abilities. -
Succession and Expansion in Focus: While
55% ofU.S. entrepreneurs are first-generation, only25% have ventures outside theU.S. When considering international markets,France (20% ) and theUK (20% ) are top expansion destinations. The report also highlights the advanced succession planning amongU.S. entrepreneurs, with36% lacking a formal plan, a contrast to the global average of52% .
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Source: HSBC Bank USA, N.A.