The Biggest Wealth Transfer In Human History Is Coming!
July 18, 2022
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0:47Now PlayingThe Biggest Wealth Transfer In Human History Is Coming!
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as posted by the channelDo you have any idea how much money will be left behind after the current generation of older rich people pass away? Check out the video to learn how much.
Welcome back to Bold TV with David Grasso. Be sure to like, comment, and subscribe to Bold TV for all things Bold.
Most rich people are older, so what happens to their money when they die?
Of course, money cannot purchase immortality, therefore 16 trillion dollars' worth of global riches will be passed on to the following generation.
Large sums of money will be exchanged, but they won't be distributed to the general public unless one of the Scrooge McDuck boomers pulls a Warren Buffett and makes a charitable donation.
$6 trillion is anticipated to be passed down in the United States over the next 30 years. With $1.6 trillion apiece waiting for their heirs, Germany and Japan are in second and third position.
The UK, where $830 billion will change hands, is in fourth position.
This will go down as the biggest wealth transfer in human history.
Do you think any of these rich people will donate their wealth to charity? Let us know in the comments below.
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