Philanthrocapitalism as wealth management strategy: Philanthropy, inheritance and succession planning among the global elite

This article examines "philanthrocapitalism" as a wealth management strategy employed by the global elite, focusing on its intersection with inheritance and succession planning. It analyzes how wealthy individuals and families utilize philanthropic endeavors not only for social impact but also as a means to manage, preserve, and transfer wealth across generations. The authors delve into the mechanisms by which philanthropy integrates into broader financial and estate planning, highlighting its role in reputation building, tax efficiency, and maintaining dynastic influence, offering a critical perspective on the motivations behind elite giving.