Swiss amass wealth through savings, inheritance

Wealthy Swiss build their fortunes slowly according to the study Keystone

Wealthy Swiss amass their fortunes more often through inheritance and savings, rather than through entrepreneurship as in other countries, according to a survey by financial services provider Barclays.

This content was published on June 17, 2013 and agencies

Of the 100 people who took part in Switzerland, 52 per cent said the source of their wealth was inheritance and savings, while 31 per cent named entrepreneurship, the survey entitled “Wealth Insights” showed. Barclays surveyed 2,000 people with a net worth of at least CHF1.4 million ($1.5 million) in 17 countries.

In other countries, in contrast, 26 per cent of people became wealthy through inheritance and savings, whereas 40 per cent did so through entrepreneurship.

The study of so-called High Net Worth Individuals (HNWIs) also showed that entrepreneurs become wealthy more quickly than those who accumulate wealth solely through salaries, bonuses or inheritance.

On average, entrepreneurs and business owners needed about 16 years to amass their fortunes, Barclays found.

The survey showed that wealthy Swiss people needed more than 30 years to build up their wealth, whereas people in Qatar became well-to-do in less than 10 years.

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI certified by the Journalism Trust Initiative

Contributions under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at

Sort by

Change your password

Do you really want to delete your profile?

Your subscription could not be saved. Please try again.
Almost finished... We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.

Weekly top stories

Keep up to date with the best stories from SWI on a range of topics, straight into your mailbox.


The SBC Privacy Policy provides additional information on how your data is processed.