Millennials Set to Inherit $90 Trillion, Becoming Richest Generation

Gen Z shows unprecedented confidence in wealth growth, amidst challenges and shifts towards sustainable investments.

Gen Z and millennials are poised to become significantly wealthier in the coming years, with millennials potentially becoming the richest generation in history due to a massive $90 trillion wealth transfer.
Gen Z shows the highest confidence among age groups in their ability to increase their wealth, with Gen Z women being particularly optimistic.
The wealth transfer is expected to deepen existing wealth inequalities, primarily benefiting those already from affluent backgrounds.
Younger generations are facing significant financial challenges, including high levels of debt and difficulties in purchasing homes, but the wealth transfer could provide a much-needed boost.
The shift in wealth is also anticipated to change investment patterns, with millennials showing a strong preference for sustainable and climate-conscious investments.