The bank for a changing world

International study on successful entrepreneurs’ behaviours

  • 05.11.2014

To highlight its commitment to entrepreneurs, BNP Paribas Wealth Management has issued the first edition of its new 2015 Global Entrepreneurialism Report which examines the behaviours of successful entrepreneurs. This report is the most significant the largest scale global research study to date documenting what makes a wealth creator "tick", as well as the wealth creation patterns of angel investors.

A significant sample of over 2,500 High-Net Worth and Ultra High-Net Worth individuals declaring a minimum current net worth (excluding primary residence) of USD 2 million and an average of USD 7.6 million, spanning 17 countries across four regions – Europe, Asia, the United States and the Middle East – replied to a survey conducted by Scorpio Partnership.

2015 Global Entrepreneurialism Report

Today's successful entrepreneurs – whether working for themselves or for the success of others as angel investors – are the dynamos producing most of the energy that powers the global economy. This study determines their profiles, their ambitions despite in a highly volatile business environment and the common qualities or life experiences of this community beyond their geographical and cultural background differences.

2015 Global Entrepreneurialism Report


  • Average age when first considering becoming an entrepreneur is 30 years while the average start date is just under 32 years.
  • 60% have a history of business ownership within their family.
  • Preferred industries are financial services (16%), retail (15%), and technology (14%).
  • Women entrepreneurs typically launch about 5 businesses compared to 4.3 for their male counterparts.
  • Angel investors allocate on average 9.4% of their portfolio to angel investments with an average return target of 27.7%.
  • Italy, Switzerland, and Turkey have a significant concentration of angel investors. They invest a higher proportion of their wealth in angel investments at respectively 12.8%, 11.0% and 10.6%.

Sofia Merlo, Co-CEO of BNP Paribas Wealth Management, noted "the report reveals angel investors’ commitment as a true asset class, investing close to 10% of their allocation today. As a private bank delivering a holistic approach to our clients, we seek to explore what motivates entrepreneurs when investing and advising companies on their growth path."

Vincent Lecomte, Co-CEO of BNP Paribas Wealth Management, added "This report corresponds to our international presence where we serve successful entrepreneurs from Europe, Asia, the US and the Middle-East. As key contributors to the real economy and to wealth creation, it was our wish to let their voice be heard, sharing their ambitions and their local specificities."

2015 Global Entrepreneurialism Report