Ruth Shapiro is co-founder and CEO of the Centre for Asian Philanthropy and Society (CAPS).
Wealth is growing in Asia at an unprecedented rate. In 2020, Asia became the world’s second-richest region, with 169,889 ultra-high-net-worth (UHNW) individuals accounting for 28% of the global UHNW population — and these numbers are expected to grow. Along with this growth, there is an increased interest and ability to engage in philanthropy.