According to the annual Wealth Report from real estate consultancy Knight Frank, Millennials are poised to become the richest generation ever.
The firm says that over the next decade, Baby Boomers, born between 1946 and 1964, will begin handing over real estate, equity-rich stock portfolios, and other assets to those born between 1981 and 1996.
Knight Frank estimates there will be a 90 trillion-dollar shift in assets between generations.