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

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

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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…

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