Greg Wells & HonMun Yip, Tiger 21
Greg Wells & HonMun Yip, Tiger 21
26 June 2023
Under the Radar: Building a board of directors for UHNWIs with >US$20m in investable wealth – Tiger 21’s COO and Singapore Chair on monetising the Tiger 21 network; Qualification process; Growth opportunities and positioning against private clubs and networks; Scaling a niche business; Expansion into Singapore and Israel
Today we want to look at how high-net-worth individuals preserve their wealth after they experience a major liquidity event, such as when they sell off their companies and receive a large sum of money.
Our guests for today are from Tiger 21. This is a membership community that provides individuals – individuals with over US$20 million in liquid assets, that is, – their personal board of directors for candid discussions around wealth creation, preservation, family, legacy and philanthropy.
But how does this work in reality, and how does Tiger 21 monetise this highly valuable network?
And with over 1,200 members across 45 cities and a cumulative US$140 billion in assets, Tiger 21 is now setting its sights in Asia.
Notably, it is currently in the process of expanding into Singapore. Question is – how does the company scale given that it operates in such a niche arena?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Greg Wells, Chief Operating Officer of TIGER 21 and Hon Mun Yip, Singapore TIGER 21 Chair for more.
Download this podcast.