A Look at Wealth 2019: Millennial Millionaires
By 2030, millennials will hold five times as much wealth as they have today, and are expected to inherit over $68 trillion from their predecessors in the Great Transfer of Wealth. What will they do with this wealth? This question is the catalyst for “A Look at Wealth 2019: Millennial Millionaires,” a supplement to The Report by the Coldwell Banker Global Luxury® program and WealthEngine. In order to help luxury real estate professionals better understand this influential group of current and future homebuyers, the Coldwell Banker Global Luxury® program partnered with WealthEngine to analyze key aspects of the millennial millionaire lifestyle, including wealth creation, philanthropy, property investments, spending trends and more.