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The Economic Times
The Economic Times
National

Billionaire's FOMO: Ultra-rich families pouring money into AI stack

The latest Global Family Office Report from Swiss bank UBS paints a clear picture of how the world's wealthiest families are navigating a hyper-fragmented and uncertain economic landscape. Gathering insights from 307 family offices across more than 30 markets managing an average net worth of $2.7 billion, the study highlights a major tactical pivot toward long-term portfolio resilience. While these ultra-high-net-worth investors are meticulously adjusting their strategic asset allocations to weather geopolitical shifts and rising sovereign debt, there is one area where they are charging ahead with absolute conviction.

Artificial intelligence (AI) has firmly established itself as the sharpest and most dominant thematic investment priority on their radar. Driven by a potent combination of long-term strategic belief and a very real fear of missing out, the global elite are digging deep into the AI revolution.

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