Billionaires are in the midst of their own Great Wealth Transfer, UBS finds

Welcome to the modern dynastic era. Today’s billionaires are undergoing a seismic shift, transferring an unprecedented amount of wealth to heirs around the world that is so large it’s changing the makeup of the typical billionaire. Right now, the typical billionaire is around 69 years old and made his (it’s almost always a man) money …

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