“As the $90 trillion Great Wealth Transfer begins, millennials and Gen X aren’t just inheriting money. They’re being buried under an avalanche of baseball cards, fine china and collections of all sorts.”
inheritance
Posted inEditor's Pick
The Fugitive Prince
“A man with an obscure claim to a royal fortune made a deal to help regain his crown. It cost him more than he could imagine.”
Posted inEditor's Pick
The Jackpot Generation
“Canada is in the midst of the greatest wealth transfer of all time, as some $1 trillion passes from boomers to their millennial kids. How an inheritance-based economy will transform the country.”
Posted inEditor's Pick
What It’s Like to Grow Up With More Money Than You’ll Ever Spend
An interview with filmmaker, activist and heiress Abigail Disney, in which she speaks very frankly about how inheriting a fortune can compromise one’s moral compass and corrupt the soul.
Posted inEditor's Pick
Why Does It Feel Like Everyone Has More Money Than You?
Jen Doll considers the value of millennials owning whatever privilege and generational wealth they’ve benefitted from as a step toward acknowledging that the path to success isn’t a level playing field, and income inequality is a major obstacle for many.
Posted inEditor's Pick
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
A ground-breaking investigation into the potentially illegal financial schemes, tax evasions, and grandiose lies employed by Fred Trump and his son, Donald J. Trump, designed to create the illusion of the president as a self-made billionaire, and to falsely raise and lower the values of their holdings as needed to make money, and hide it.