Creating wealth by targeting the wealthiest generation?
Baby-boomers, currently the wealthiest generation, are aging and transferring trillions of dollars of wealth per year.
This leads me to say that wealth is having a "facelift" -- Gen-X and Gen-Y will soon overtake baby-boomers as the wealthiest generation in history.
Being the wealthiest generation of all time, it's fair to say that they were special, but the endless opportunity and the constant drive to build their self-esteem went to their heads.
While giving is declining from our older, wealthier generations, the younger generations are planning to give more each year.
Another model limitation is that the calculation applied average earnings in the population, ignoring the possibility of wealthier generations in the future.
He is appealing to a wealthy new generation of younger and more liberal individuals who like him and approve of his direction.
The new fund comes at a time when India's wealthy, first generation technology entrepreneurs and senior executives are actively seeking ways to contribute to their society.
If China or India with incomes one-quarter and one-tenth Korea's levels wait until they are as wealthy, many generations will pass.
Yet she had the advantage of coming from a family that had been wealthy for generations and was able to advise her.
