The Wealth for Good in Hong Kong Summit (WGHK) 2025, held on March 26, attracted approximately 360 global family office principals, visionary leaders, and industry pioneers. This marks a decrease from last year's summit which saw over 400 attendees, according to a statement from the Hong Kong government.

Despite the lower turnout, the third edition of this event, co-organized by the Financial Services and the Treasury Bureau along with InvestHK, received positive feedback from participants. Attendees noted the vibrant atmosphere of Hong Kong, a city known for its dynamic energy, cutting-edge facilities, and an authentic passion for various sectors, particularly sports.

Horst Bente, founder of the US-based multi-family office ADLEGACY, praised the city's advantages, highlighting its appealing environment for investment and innovation. Meanwhile, Robert Buchbauer, vice chairman of Swarovski International Holding, emphasized the stability and predictability of Hong Kong as essential for family offices aiming for sustainable, long-term growth.

Additionally, the easing of travel restrictions following the pandemic and the return of global investors to Hong Kong were significant factors impacting attendance. Nevertheless, the summit served as a critical platform for networking and discussing future financial trends, attracting key figures interested in exploring investment opportunities in the Asia-Pacific region.

Experts believe that even with a slight reduction in attendance, the summit continues to play a vital role in promoting Hong Kong as a leading hub for family offices, a sentiment echoed by many of the participating leaders. As the global financial landscape evolves, Hong Kong remains a pivotal player for wealth management and investment strategy, making events like WGHK crucial to its ongoing success.

Could this decline in attendance be a sign of shifting interests among family offices? Only time will tell, but one thing is certain: Hong Kong's allure as a business-friendly environment is unwavering. Stay tuned for the next year's summit to see if attendance rebounds or continues to trend downward!