Boomers' massive wealth will mostly be passed down to people who are already rich

PremiumRachel LermanWashington Post·8 Jul, 2026 09:27 PM4 mins to readBaby boomers are sitting on about US$93 trillion worth of assets globally, according to a new analysis from Visa Business and Economic Insights. Photo / Andrew WarnerOften called the Great Wealth Transfer, the inheritances are expected to be the largest passage of generational wealth in history.

Baby boomers are set to pass trillions of dollars on to their heirs in the next two decades, but the huge transfer of riches will mostly benefit Gen X and