Billionaires are betting big on private markets in 2026. By prioritizing investments in private equity, hedge funds, and private credit, they’re leaning into risk even as high interest rates and market volatility loom.

Private equity is the most favored asset class, according to data from the UBS Billioniare Survery 2025. Almost half of billionaires plan to heighten their exposure to direct private equity investments this year, while another 37 percent plan to boost allocations in private equity funds. READ MORE