Only 2.3% of wealthy family businesses are ready for succession. What's holding them back?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Only 2.3% of ultra-high-net-worth business-owning families are fully prepared for the sale or transfer of their companies.
- ✓The Julius Baer-EY Family Barometer Report 2026 showed that 65.9% of families feel the next generation is not ready.
- ✓Emotional attachment and weak governance often make this transition hard for many families.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 8 Minute(s)
- Market Focus
- India Economy
Only 2.3% of ultra-high-net-worth business-owning families are fully prepared for the sale or transfer of their companies, highlighting a succession gap that wealth, professional advisers and access to capital have failed to close.
The challenge is not confined to valuation or deal execution. Julius Baer-EY's Family Barometer Report 2026 shows that 65.9% of families believe the next generation is not yet ready, while emotional attachment, informal decision-making and weak family governance continue to complicate the transition. For India's business families, the hardest part may not be transferring ownership -- but preparing the family to decide what comes next.
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Economic Times
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