The group of ultrabogged in the world is constantly growing. The number of people whose assets are at least $ 30 million increased at the end of June to 510 810, i.e. 5.4 percent. compared to the beginning of the year.
Currently, millennials and representatives of the Z generation constitute together only 8 percent. this group, which can boast of a total net property of $ 59.8, according to Altrat.
The lion's share, almost 45 percent, are representatives of the generation of the Demographic Deer, and people born in 1945 or earlier – constitute another 22 percent.
However, this dynamics will change rapidly due to the huge transfer of wealth. Altrata estimates that by 2040 millennials and representatives of the Z generation will constitute over a third of an ultra -lane population.
Ultrabogogi today:
- 44.5 percent – Demographic growth generation
- 25 percent – Generation X
- 22.4 percent – Generation born before 1945.
- 8.2 percent – millennials and generation with
Ultrabogii in 2040:
- 45.3 percent – Generation X
- 34.6 percent – millennials and generation with
- 17 percent – Demographic growth generation
- 3.1 percent – Generation born before 1945.
According to Maja Imberg from Altrat, this generational change has far-reaching consequences for companies that support ultrabogaty, from financial managers to traders of works of art, as well as for non-profit organizations.
“They have to really think perspective, because 15 years are not so distant perspective,” said Imberg, head of the intellectual analysis and leadership department at Altrata. “Will ecological cars become more important? Will they be also interested in sailing? All these preferences will have a huge impact on the financial results of companies.”
As Altrat emphasizes, this rapid increase is partly due to increased use over the past decade to transfer assets to heirs at a young age. family offices, i.e. specialized units dealing with comprehensive management of family fortune property. Thanks to this, young people have faster access to family property.
Source: CNBC
