The ultra-high-net-worth will move at least $16 trillion to the next generation over the next 30 years in what will be the biggest wealth transfer in history.
That's according to Wealth-X and the NFP Family Wealth Transfers Report, which said that the U.S. alone will be responsible for $6 trillion of that amount.
A lot of that wealth is concentrated in the ownership of privately held businesses, the report noted.
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