Great Wealth Transfer
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Business
Women Control $52 Trillion in Wealth Transfer by 2048
A $10 trillion gap in professional money management has opened as women prepare to receive the largest share of inherited…
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Business
Women Poised to Control $54 Trillion in Great Wealth Transfer, Reshaping Finance and Philanthropy
SANTA BARBARA, Calif. — A seismic shift in global wealth is accelerating faster than most financial models predicted, with women…
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Business
Gen Z Credit Card Debt: 59% Make Only Minimum Payments
Fifty-nine percent of Gen Z credit card holders are paying only the minimum amount due on their balances each month,…
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Business
Eldest Daughters Are Steering the $124 Trillion Wealth Transfer
The largest generational asset shift in American history is colliding with a deeply entrenched family dynamic: eldest daughters are becoming…
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Business
Wealthy Parents Hide Inheritance Details From Their Kids
The largest intergenerational transfer of assets in U.S. history is underway, yet the families positioned to receive it are largely…
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Business
Gen Z Art Collectors Outspend Older Generations Amid Wealth Transfer
The Great Wealth Transfer is reshaping the global fine art market faster than auction houses anticipated. Buyers under 30 spent…
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Business
Wealthy Heirs Redefine Giving as $124 Trillion Transfer Looms
Nonprofits across the United States face a structural reckoning. Organizations that spent decades cultivating relationships with baby boomer and Silent…
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Business
The Family Safety Net: How America’s Sandwich Generation Is Quietly Filling the Gap Left by Policy
Across American households, a quiet economic reshuffle is underway. Rather than relying on government programs, employer benefits, or the anticipated…
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Business
Younger Heirs Challenge the Rules of Extreme Wealth
WASHINGTON — By 2048, women are projected to inherit approximately $47 trillion, or about 56% of all inherited wealth globally.…
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Business
Luxury Travel Firms Put a $1 Million Price Tag on Access
NEW YORK — Luxury travel firms are imposing six-figure annual retainers and million-dollar spending floors as financial institutions prepare for…
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