Citi survey reveals inflation as top concern for family offices, overtaking trade disputes

The ultra-wealthy have a new boogeyman, and it’s the same one squeezing everyone else’s grocery bill. Citi Wealth’s eighth annual Global Family Office Report found that inflation has surged to the top of the worry list for single-family offices worldwide, displacing the trade disputes that dominated conversations just a year ago. The survey, which polled more than 350 single-family offices across over 40 countries during June and July 2026, found that nearly two-thirds of respondents flagged inflation as their primary concern. That’s a meaningful jump from the prior year’s report, where trade disputes and tariffs led the pack at 60%. The concern landscape has shifted dramatically Trade disputes and tariffs, which topped the chart in last year’s survey, collapsed to just 18% of respondents citing them as a significant concern. That’s a drop of more than 40 percentage points in a single year. Rising interest rates came in as the second-biggest worry at 44%. Stability of the global financial system ranked third at 38%. The overall picture is one of families with an average net worth of approximately $2.1 billion looking at the macro environment and seeing price pressures as the domina...