- Many billionaires in the world are much larger than the stereotype of the founder of technology. At the age of 103, George Joseph is still actively participating in his company, General mercury. In fact, young billionaires (less than 50 years) constitute only 10 % of the world Population billionaire. While these elderly billionaires are preparing to pass their wealth, an estimated $ 124 trillion will be transferred by 2048 – mostly to the millennial generation.
When people imagine billionaires, they may think of the stereotype of the Youth Technology Founder who launch the left and right unicorn companies. Elon Musk, Sam Altman and Mark Zuckerberg are all in the 1940s and vertebrae, but they are considered young when it comes to the exclusive club for the higher class in the world.
In fact, there is one in every five billion drawers already in the 1980s and 1990s, according to the analysis of Forbes. In America alone, 36 billionaires recorded more than 90.
Wilma Tish, 98, has a net value 2 billion dollars. She inherited her wealth from her husband and brother, who started Louise in 1946 when Lawrence Tish He persuaded his parents to invest $ 125,000 to buy a resort hotel in Likwood, New Jersey. Then Alice Schwartz, 99, has a clear value 2 billion dollars. It is one of the founders BiocytesA science and diagnostic company that she launched with her husband in 1952.
Although many of the flying can spend their days playing golf or tending to their pink gardens, some elderly billionaires are still registered in their offices.
Take George Joseph, for example. The founder of the insurance company Mercury General has a clear value $ 2.3 billion It still appears to work at the age of 103. The old warrior in World War II is still involved in the company and has about 35 % ownership. He is expected to be 104 years next week and is the oldest billionaire in America.
Although his retirement from his head was announced Berkshire Hathaway In 95, billionaire Warren Buffett insisted that he would not sit Watch soap opera.Instead, he wants to remain involved in his commercial emotions.
While the “young” billionaires (less than 50 years) Only 10 % compensation Among the billionaire, there are about 150 of them in their eighties, including the former CEO of Victoria Cint Lixner, former New York City mayor and the founder of Bloomberg Michael Bloomberg.
The elderly billionaires may be useful to transfer the great wealth
All of this may be good news for some of the millennial generation and General Xers who are about to benefit from one of the greatest wealth transfers in history. With the oldest generation of workers working longer, this bowl will become larger.
As is the case, Transfer the great wealth He was appointed to dump 124 trillion dollars of assets and wealth, born in children, to young generations, according to a report issued by Seruli.
The oldest working group, at its peak, was the largest living generation in the history of the world, and the extraction of property and investment in the prosperous stock market to collect their wealth. Their families can expect the majority of this wealth to inherit, about 105 trillion dollars, with estimates of only $ 18 trillion to go to charity.
It is expected that more than half of the total total size of the tankers will come 62 trillion dollars, from the highest levels of society, and many of them are billionaires and fungi.
For those lucky 2 % of all families, the report found that the millennial generation will inherit more than 25 years, about 46 trillion dollars.
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