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Baby boomers are the wealthiest generation to have ever lived, a new report from Allianz has found, courtesy of affordable housing and strong equity markets providing huge returns on savings.
However, as the next 10 years unfold, wealth will be passed to younger generations, leading analysts to predict that millennials will become the "wealthiest generation in history."
Various lists of the richest families (excluding royal families or autocratic ruling dynasties) are published internationally, by Forbes [1] ...
Gen Z — those born between 1997 and 2012 — will soon become the wealthiest generation ever, according to a recent report. The "Spend Z" report from NielsenIQ projects that Gen Z will have the ...
[1] [2] Baby boomers and the silent generation will bequest a total of $84.4 trillion in assets through to 2045, with $72.6 trillion going directly to heirs. [1] [3] The transfer of wealth from baby boomers will account for $53 trillion or 63% of all transfers, while the Silent Generation will hand down $15.8 trillion. [3]
The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1] As of March 2023, there were 735 billionaires in the United States. [2]
Generation X may be the biggest beneficiary from the $84 trillion Great Wealth Transfer in the next 10 years, according to a new study.. While millennials and members of Generation Z are expecting ...
The Forbes 400 or 400 Richest Americans is a list published by Forbes magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is published annually around September. [ 2 ]