New estimates from Visa Business and Economic Insights ($36 trillion) and Cerulli Associates ($105 trillion) for the wealth transfer from baby boomers to Gen X and millennials have ignited a debate over its true size and impact on spending, investment, and wealth management.
A massive $124 trillion wealth transfer in the US over the next two decades, primarily to younger generations like Millennials and Gen Z, is poised to significantly boost crypto adoption. These inheritors show a much higher propensity to own digital assets compared to older generations, prompting financial institutions to adapt their strategies.
An estimated $83.5 trillion is set to transfer between generations over the next two decades. Heirs are expected to invest differently, favoring diversified, global, and impact-driven assets over traditional family businesses and real estate.
An estimated $83.5 trillion is set to transfer between generations over the next two decades. Heirs are expected to invest differently, favoring diversified, global, and impact-focused assets over traditional family businesses and real estate.
Hong Kong's life insurance sales jumped 50.6% to a record high last year, driven by affluent customers using policies for wealth transfer, protection and medical needs. The growth is attributed to the rise of single-family offices in the city, which increased to more than 3,380 as of end-2025. Tax incentives and Hong Kong's lack of estate duty have made it an attractive destination for succession planning.
