Gen Z and Millennials Will Inherit $83.5 Billion: the Big Challenge Will Be Not to Lose Them

Expansion

Factuality

Ownership

A large transfer of wealth will begin to change who owns, manages and invests a significant part of the world’s heritage over the next two decades. Some firms estimate that $83.5 billion will change hands generationally by 2048. The main recipients will be the younger generations. A recent UBS report indicates that 95% of the transferred wealth will end up in the hands of members of Generation X, millennials and Generation Z. And in the distribu…

Revista Merca2.0

Factuality

Ownership

Courtesy: Canva The largest transfer of wealth in history has already begun and will have as protagonists two generations: Millennials and Gen Z. Over the next decades, both will inherit up to $83.5 trillion worldwide, a figure that will modify the wealth map and force millions of families to face a question that goes far beyond who will receive the goods: how to make that heritage last? The problem will not only be to receive an inheritance, bu…