Millennials set to become ‘richest generation in history’

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Euronews (English)

Millennials could potentially become the wealthiest generation ever, according to estate agent Knight Frank’s 2024 Wealth Report. Defined broadly as those born from 1981 to 1996, millennials, also known as Generation Y, could possibly see a sizeable windfall in the next 20 years, due to property and other assets amassed by their parents and grandparents. This could clock in at about $90 trillion (€83.1 trillion) in the US alone. “When the silent generation (born from 1925 to 1945), the baby boomers (1946 to 1964) and the oldest cohort of Generation X (1965 to 1979), die, £2.5 trillion (€2.9 tr…

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