Women Will Control Most Wealth Transfers Soon
The numbers reveal something remarkable about what's coming. $124 trillion will transfer from Baby Boomers and older generations to their heirs by 2048. That's more than the entire global GDP of $115 trillion for 2024. But here's what caught my attention as someone focused on independent family reporting. Women will inherit 70% of this wealth transfer. We're talking about nearly $100 trillion moving into female control over the next 25 years. The math breaks down to $47 trillion going to women in younger generations and $54 trillion to surviving spouses. Demographics tell us 95% of those surviving spouses will be women. This changes everything about family office operations. The concentration makes it even more significant. More than 50% of the total transfer volume comes from households that are currently high-net-worth and ultra-high-net-worth. These families represent only 2% of all households. So we're looking at unprecedented wealth concentratio...