At least US$16 trillion of global ultra high net worth (UHNW) wealth will be transferred to the next generation over the next 30 years — marking the largest wealth transfer in history.
Half of the world’s UHNW individuals with assets of at least US$30 million are expected to pass on their wealth in the coming three decades. Over the next 10 years alone, US$4.1 trillion is anticipated to change hands, according to the Wealth-X and NFP Family Wealth Transfers Report, released January 2015.
The United States is the country with the largest amount of UHNW wealth, in absolute dollar value, expected to be transferred in the next 30 years, at over US$6 trillion. This is equal to 38 percent of the global total of US$16 trillion. Rounding out the rest of the top five “hot spot” countries for wealth transfers in absolute dollar value are Germany (US$1.645 trillion), Japan (US$1.645 trillion), the United Kingdom (US$830 billion) and Brazil (US$560 billion).
