March 2 2024- A new report from global real estate consultancy Knight Frank suggests that millennials are on track to become “the richest generation in history” due to a significant transfer of wealth. The annual Wealth Report, set to be publicly released in detail next week, explores global trends in property and economics. Liam Bailey, the global head of research at Knight Frank, notes that this wealth transfer is occurring amidst “seismic changes” in how assets are being utilized.
A huge wealth transfer means millennials are poised to become ‘the richest generation in history’
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