"Millennials Set to Inherit $90 Trillion, Poised to Become Richest Generation in History"

1 min read
Source: CNN
"Millennials Set to Inherit $90 Trillion, Poised to Become Richest Generation in History"
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TL;DR Summary

Millennials are set to inherit $90 trillion over the next two decades, potentially making them the richest generation in history, but this wealth transfer is likely to deepen wealth inequality as it primarily benefits those from affluent families. The shift in wealth will bring significant changes in how it is utilized, with younger generations showing less interest in traditional wealth-building methods like property ownership. The number of ultra-wealthy individuals globally has increased, with North America leading the growth, and the interest in property investment remains strong among this group.

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