Swiss Billionaire Advocates for Higher Wealth Taxes Amid Rising Inequality

Global Wealth Disparity Highlighted by Swiss Business Leader

In a surprising statement, Swiss billionaire Alfred Gantner, co-founder of the private equity firm Partners Group, has called for higher taxes on the wealthy. Gantner's comments address the growing issue of wealth inequality, which he describes as a serious global problem. The billionaire made these remarks during an interview with the Swiss newspaper Tages-Anzeiger, published on December 1, 2025.

Context of Switzerland's Wealth Management Landscape

Switzerland is renowned as one of the world's leading wealth management centers. According to local tax authorities, approximately 2,500 taxpayers in the country possess assets exceeding 50 million Swiss francs. Gantner's statement comes after Switzerland recently rejected a proposed 50% inheritance tax on wealth above this threshold. The rejection of this tax proposal has brought attention to the country's approach to wealth management and taxation.

The Business Leader's Perspective on Wealth Inequality

Gantner expressed his concerns about the growing wealth gap between the rich and the general population. He stated that it is "absurd" that some individuals are struggling to pay for basic necessities like health insurance and rent, while others accumulate vast fortunes. The billionaire specifically mentioned that without policy changes, individuals like Elon Musk, Mark Zuckerberg, and himself will continue to amass significantly more wealth in the coming decades, further exacerbating social inequality.

Implications of the Proposed Wealth Tax

The proposed inheritance tax, which was rejected, aimed to impose a 50% tax on wealth exceeding 50 million Swiss francs (approximately $62 million USD). Gantner's advocacy for higher taxes on the wealthy reflects a growing debate about how to address wealth inequality. His comments highlight the need for policymakers to consider measures that could help mitigate the widening gap between the rich and the poor.