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The biggest wealth transfer in history is here: how the next generation will spend the trillions
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- The largest transfer of wealth in modern history is underway, and the heirs set to inherit trillions of dollars in family fortunes are preparing to use the money very differently from the generations that built it.
- Over the next two decades, an estimated $83.5 trillion is expected to pass from baby boomers and older entrepreneurs to their children and grandchildren, according to UBS.
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The largest transfer of wealth in modern history is underway, and the heirs set to inherit trillions of dollars in family fortunes are preparing to use the money very differently from the generations that built it.
Over the next two decades, an estimated $83.5 trillion is expected to pass from baby boomers and older entrepreneurs to their children and grandchildren, according to UBS.
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