"The Great Wealth Transfer: Millennials Poised to Become Wealthiest Generation in History Through Climate Investments"

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Source: Quartz
"The Great Wealth Transfer: Millennials Poised to Become Wealthiest Generation in History Through Climate Investments"
Photo: Quartz
TL;DR Summary

A report by Knight Frank predicts that millennials will become the wealthiest generation in history as they inherit about $90 trillion from the Silent generation and baby boomers over the next decade, leading to a shift in investment patterns. Their differing attitudes, particularly towards climate change, will impact how wealth is used and invested, with a focus on sustainable products and ventures. This will require adjustments from firms selling products or services to this group.

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