We imagine a world where our fellow WealthHackers are encouraged to develop and launch their hacks, and are supported through a combination of financial and social capital and access to an aligned hacker community. We are partnering with our first supporting sponsor, the UK-based Joseph Rowntree Foundation, to launch the inaugural Hacking Wealth Challenge and to identify new ideas or works in progress that can be significantly advanced with a one-time infusion of GBP 15,000 over a 4 - 8 week sprint.

What Qualifies as a Hack?

Below are example hacks that align inside of what we’ve identified as the five “dimensions” for these scalable subversions:

Legal / Governance

“Trust-busting” instruments that enable full expression of wealth
Redefine “fiduciary duty” to be more than private wealth accumulation
Alternative approaches to who are the legal guardians of wealth (eg. not trustee model)

Financial

Models for making investment decisions more inclusive, participatory and democratic
Client service and business models that prioritise repair and the redistribution of wealth, power and privilege
Alternative fund economics design and models that build community health and wealth

Digital

Tools and practices for spend-down redistribution modelling
Financial Planning technology that supports holistic investment and financial planning decisions
Alternative platforms, structures and tools that support investing in alternative economies

Accounting

Reimagine a P&L that captures all forms of value
Tax, regulatory and accounting policy reform and advocacy
Tax planning that prioritises redistribution of wealth through solidarity, not charity

Behavioural

Behavioural and psychological tools for wealth holders to redirect their wealth, manage family dynamics and replace misaligned intermediaries.
Alternative approaches to stakeholder governance / accountability (eg. planning for future generations)

Hacking is tactical and applied, like the intervention a brilliant engineer made to attach a tiny rudder to the large rudder of a ship. It’s that little rudder, the trim tab, that initiates the turning of the entire ship, as Buckminster Fuller famously observed:

“Think of the Queen Mary—the whole ship goes by and then comes the rudder. And there's a tiny thing at the edge of the rudder called a trim tab. It's a miniature rudder. Just moving the little trim tab builds a low pressure that pulls the rudder around.”

Similarly, hacks are specific, small innovations that have the capacity to turn the massive tanker that is the Wealth Defense Industry towards Justice.

Explore Opportunities

Wealth Hacker's Challenge

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