Finance executive Caesar Sengupta plans to donate most of his family's wealth during his lifetime, a process that is already in motion.
His investments underpin several commitments to non-profits in Singapore and overseas that will be in place for a number of years.
Mr Sengupta, 48, says: "For my wife and I, in addition to ensuring we give our kids the best educational opportunities and taking care of our loved ones, it is really important that we contribute to society meaningfully."
That philanthropic mission has shaped his investing strategy. He generally avoids investing in individual stocks, favouring a more passive and systematic approach. Conservative investments make up 30 per cent to 40 per cent of his portfolio, with the remainder focused on high-growth strategies.
Over 90 per cent of Mr Sengupta's financial assets are managed by the digital wealth platform Arta Finance, of which he is chief executive and co-founder.
The company launched the platform globally in Singapore on Oct 11, a year after its US debut. In September, it announced an undisclosed investment from the Economic Development Board's strategic investment arm.
Arta's platform allows accredited investors to access alternative assets such as private equity and get a line of credit against their assets, among other solutions, without the sales pressure and high fees seen at some other institutions.
The company, dual-headquartered in the United States and Singapore, is also partnering banks to enhance lenders' wealth management offerings.
Mr Sengupta started Arta in 2021 after 15 years at Google, where he worked on the Chrome operating system with Mr Sundar Pichai, now chief executive, and several colleagues who would later co-found Arta.
Along the way, he discovered what he described as his lifelong passion - using technology to break down barriers.
هذه القصة مأخوذة من طبعة November 10, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 10, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Percival Everett wins US National Book Award for fiction
American author Percival Everett won the US National Book Award for fiction on Nov 20 for his novel James, a propulsive and slyly funny retelling of American writer Mark Twain's Adventures Of Huckleberry Finn (1884) from the perspective of Huck's companion, an enslaved man named James.
Actor Jussie Smollett's conviction for staged attack overturned
American actor Jussie Smollett's conviction for fabricating a racist and homophobic hate crime in Chicago in 2019 was overturned on Nov 21 on due process grounds.
K-pop CD output draws fire as plastic waste talks loom
SEOUL - K-pop music may be South Korea's buzziest export, but the industry needlessly creates mountains of plastic in its home market by churning out CDs that most fans do not even listen to, critics say.
Actress Yvonne Lim returning to Singapore after 10 years in Taiwan
Singaporean actress Yvonne Lim is ready for a new chapter in her life. The 48-year-old announced on social media on Nov 21 that she has opened a YouTube channel.
Striking scenes from abstract triptych in Puppet Origin Stories
A wilfully abstract triptych of stories that make up the third edition of Puppet Origin Stories will frustrate the theatregoer in search of meaning, but delight those who can surrender to the weird and affecting visual scenes crafted on stage.
Kim Soo-hyun samples local food and finds it 'very satisfying'
The K-drama star is here to promote his new series as part of Disney's showcase of upcoming Asian titles
Entrepreneur rediscovers her need for speed
Ms Janice Oo lives out the famous line from the 1986 Hollywood flick, Top Gun, when the lead character \"Maverick\", played by Tom Cruise, declared: \"I feel the need, the need for speed.\"
Timeless Velar refreshed with hybrid engine
The model by Range Rover is relaxing to drive, but the controls feel lighter and less direct than those of its rivals
Wish come true for BYD buyers with families
The M6 is the first mid-sized electric seven-seater to be available here
Subtle serenity
Newly-weds pick clean, functional Japandi aesthetic for their HDB flat