‘Huge’ Wealth Transfer in Sight: UBS, PwC Report

Wealth Inequality
The past 20 years’ exceptional wealth creation will soon be followed by the “biggest-ever” wealth transfer, according to UBS and PwC’s latest Billionaires Report. The report estimates that approximately 460 billionaires worldwide will transfer $2.1 trillion – which, for size, is the equivalent of India’s GDP – to their heirs over a period of just 20…