According to UBS and PwC, companies run by billionaires enjoyed returns of 17.8% from 2003 through 2018. That’s compared with the MSCI AC World Index’s 9.1% return during the same time period. Billionaires’ companies were also consistently more profitable and performed better in the six years following an initial public offering than companies controlled by nonbillionaires, according to the study.
Billionaires have some non-typical traits, yet …
According to UBS and PwC, companies run by billionaires enjoyed returns of 17.8% from 2003 through 2018. That’s compared with the MSCI AC World Index’s 9.1% return during the same time period. Billionaires’ companies were also consistently more profitable and performed better in the six years following an initial public offering than companies controlled by nonbillionaires, according to the study.
https://www.businessinsider.com/billionaire-success-3-personality-traits-ubs-wealth-report-2019-11