Report: More Entrepreneurs Focused on Impact Through Their Business, Investments
Monday, November 13, 2017
Ultra-wealthy entrepreneurs in the U.S. and around the world are exhibiting an appetite for impact through their businesses and their investments, according to a new report by BNP Paribas and Bank of the West.
Thirty-nine percent of global entrepreneurs consider positive impact core to how they assess business performance, up from 10% two years ago. In the U.S., 51% of entrepreneurs consider themselves to be responsible investors.
Recent research showed that sustainable investing is rising across the globe.
The BNP Paribas study involved 2,650 elite entrepreneurs in 21 markets across the U.S., Europe, Asia and the Middle East with a total net worth of $40 billion. It defined “elite entrepreneurs” as highly successful business owners managing companies with multimillion-dollar annual turnovers and similarly substantial personal fortunes.
Photo courtesy of reynermedia.