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A recent report reveals that every billionaire below 30 years old inherited their wealth.

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Forbes’ 2024 billionaires list highlights that all billionaires under 30 inherited their wealth, totaling nearly $45 billion among 15 individuals. This underscores the trend of the “great wealth transfer,” where millennials are expected to become the richest generation in history as $90 trillion in assets shift down generations. Among the young billionaires, some saw their wealth grow, while others, like Kim Jung-youn and Kim Jung-min, experienced declines due to ties to NXC. The youngest billionaire, 19-year-old Livia Voigt, inherited a significant share of WEG. Similarly, Irish brothers Zahan and Firoz Mistry and three Del Vecchio siblings inherited substantial fortunes from their families.

https://finance.yahoo.com/news/welcome-age-ultra-nepo-babies-142649225.html

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