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    • Devex Newswire

    Devex Newswire: Will Gen X, Millennials, and Gen Z shake up philanthropy?

    In today's edition: Gen X and younger could inherit $70 trillion from their baby boomer predecessors — an unprecedented transfer of wealth that could reshape the giving sector. Plus, USAID's new gender policy, and the state of polio eradication.

    By Anna Gawel // 04 April 2023

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    Devex Newswire: Philanthropy opens its doors as aid workers seek new paths
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    Devex Newswire: Philanthropy’s MacKenzie Scott-spurred rethink
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    Younger generations, led by Generation X, are about to inherit a staggering amount of wealth — which could benefit more than just themselves.

    Also in today’s edition: USAID returns to a more inclusive gender policy, and the agency’s global health chief warns that the pandemic has hammered primary care.

    Younger generations of potential philanthropists, from Gen X on up, could inherit an eye-popping $70 trillion from their baby boomer predecessors. That’s trillions, folks, not billions. This unprecedented transfer of wealth could reshape the giving sector, my colleague Stephanie Beasley writes.

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    About the author

    • Anna Gawel

      Anna Gawel

      Anna Gawel is the Managing Editor of Devex. She previously worked as the managing editor of The Washington Diplomat, the flagship publication of D.C.’s diplomatic community. She’s had hundreds of articles published on world affairs, U.S. foreign policy, politics, security, trade, travel and the arts on topics ranging from the impact of State Department budget cuts to Caribbean efforts to fight climate change. She was also a broadcast producer and digital editor at WTOP News and host of the Global 360 podcast. She holds a journalism degree from the University of Maryland in College Park.

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