Gen Z’s Economic Challenge Echoes Millennial Struggles
Gen Z faces economic challenges reminiscent of millennials’ Great Recession experience. Our analysis examines the structural differences and what history teaches about labor market recoveries.
Gen Z faces economic challenges reminiscent of millennials’ Great Recession experience. Our analysis examines the structural differences and what history teaches about labor market recoveries.
The global population of ultra-high-net-worth individuals has reached over 510,000 people controlling nearly $60 trillion in combined assets. According to new data, younger generations are rapidly changing investment approaches, favoring technology, venture capital, and lifestyle assets over traditional holdings.
The world’s wealthiest individuals now control approximately $60 trillion in combined assets, according to reports from Altrata’s World Ultra Wealth Report 2025. Sources indicate that 510,810 ultra-high-net-worth individuals (UHNWIs) – each with assets exceeding $30 million – collectively hold wealth equivalent to double the entire US GDP. This represents a significant concentration of global resources among a relatively small population segment.
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