ByGreg Petro,

Contributor.

It’s time to stop talking about Gen Zers as lazy, spoiled, screen-obsessed snowflakes.

First, they aren’t kids anymore. Second, there are a lot of them—estimated to be about 25% of the global population. And third, they have become discerning consumers who now have money to spend and will have a lot more when the Great Inheritance begins to trickle down through the generations.

Their global spending power is forecast by NielsenIQ to reach $12 trillion by 2030.