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.