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In 15 years, millennials and Gen Z will make a third of the world’s ultra-wealthy. Here’s what’s driving their rise
Yahoo Finance· 2025-12-13 02:30
The world’s wealth is about to change hands on a massive scale. Today, baby boomers control more than half of America’s wealth — roughly $78.5 trillion, or 51.8% of the nation’s total. (1) They also make up nearly half of the globe’s ultra-wealthy, defined as individuals worth at least $30 million, according to a recent ALTRATA report. (2) But that is about to change. Over the next two decades, trillions of dollars will be turned over to their heirs in a shift that is being called "The Great Wealth Tran ...
Dave Ramsey Slams 'Illogical' Father Trying To Bribe Son Into Giving Up $300,000 Inheritance: 'What Planet Does He Live On...?'
Benzinga· 2025-12-04 16:40
A tense call to The Ramsey Show turned explosive when a young man revealed that his father was pressuring him to surrender a six-figure inheritance in exchange for a few thousand dollars upfront.Father Pushes Son To Release $300,000 TrustOn Wednesday, a caller identified as Jack explained that his late grandfather had created a trust for his three children, with two receiving lump sums and Jack's father receiving annual payments due to a history of poor financial decisions. When Jack's father dies, the rema ...