By the year 2030, more than $15 trillion in wealth will be transitioned from one generation to the next. For organizations seeking to understand and engage with the worlds wealthiest individuals,A Generational Shift: Family Wealth Transfer Report 2019provides unique intelligence to understand how current wealth patterns will evolve over the next decade.

For nearly a decade, Wealth-X has been tracking family wealth transfer issues as they pertain to the global ultra high net worth (UHNW) population.A Generational Shift: Family Wealth Transfer Report 2019marks the first time we have produced a report on this subject that takes into account very high net worth (VHNW) individuals, or those with $5 to $30 million in net worth, alongside our continued focus on UHNW individuals, or those with a net worth in excess of $30 million.

A Generational Shift: Family Wealth Transfer Report 2019leverages the Wealth-X global database of records on the wealthy to shed a spotlight on those individuals passing on wealth to the next generation.  From this dataset, the largest of its kind in the world, Wealth-X identifies differences in this population based on wealth tier, geographic region, source of wealth, and gender.

Key findings from theA Generational Shift:Family Wealth Transfer Report 2019, include:

$8.8 trillion will be passed on in this region alone, a testament to the scale of wealth in the US. Europe possesses a slightly older wealthy population than the global average and will pass on a significant $3.2 trillion by 2030. Asia will account for just 12% of all wealth to be passed on, a total of $1.9 trillion, largely due to its substantially younger wealthy population.

given that the majority of wealthy people around the world are over the age of 60, wealth transfer has become a greater priority.

an estimated 18,500 individuals with a net worth of $100 million or more will be transferring a majority of this wealth $8 trillion.

more-so than their elders, the inheritors of this wealth maintain a more global outlook, seeking not only to preserve this wealth but also to find meaning in the way they use and manage it.

Paul Allens $41.5 Million Mansion Hits The Market

After Hemorrhaging $100 Billion, Europe Is Staging A Comeback

iy_2019; im_10; id_18; ih_07; imh_18; i_epoch:89

py_2019; pm_10; pd_07; ph_00; pmh_31; p_epoch:54

link-block-publisher; link-block-publisher_link-block-publisher; bodystr

pn_tstr:Mon Oct 07 00:31:54 PST 2019; pn_epoch:54

© 2019 Wealth-X. All Rights Reserved.Privacy PolicyTerms of Use

Notice: Undefined index: key in/opt/bitnami/apps/wordpress/htdocs/wp-content/plugins/wealthx-cookie-consent/page.phpon line125

We use necessary cookies that enable this website to function properly. We also utilize cookies to help analyze our traffic and better understand the content preferences of our users. In addition, we share information with our social media, advertising and analytics partners who may combine it with other information you have provided them or that they have collected from your use of their services. You consent to our cookies if you continue to use this website.

Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.

Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.

Targeting cookies allow us to share content and information with you that is most relevant to your interests based on how you have used our website previously.

You can change your cookie settings for this website at any timehere. For more information, please review ourprivacy policyandterms of service