‘You've made enough money, now give it away…’: How Warren Buffett, Bill Gates and MacKenzie Scott are inspiring billionaire heirs to donate sooner
- The coming decades will see an unprecedented movement of private wealth from one generation to the next.
- Estimates suggest that around $124 trillion will be inherited by 2048, as reported by Fortune, creating one of the largest financial transitions in recent history.
- While much of the discussion has centred on family fortunes and succession planning, attention is increasingly turning towards what this change could mean for philanthropy.
Unverified
- The coming decades will see an unprecedented movement of private wealth from one generation to the next.
- Estimates suggest that around $124 trillion will be inherited by 2048, as reported by Fortune, creating one of the largest financial transitions in recent history.
- While much of the discussion has centred on family fortunes and succession planning, attention is increasingly turning towards what this change could mean for philanthropy.
Sources: Times of India