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"Gen Z may not be able to afford a house or the cost of living now—but give it 10 years. They’re on track to gain $36 trillion and become the richest generation," per FORTUNE.
A Bank of America report shows this will place them as the richest—and largest—generation by 2035, as Gen Z is expected to grow to 30% of the global population in the next decade.
Read more: https://t.co/icvR5yAfMa
Unusual Whales - News · Gen Z may not be able to afford a house or the cost of living now—but give it 10 years. They’re on track to gain $36 trillion and become the richest generationGen Z: Struggling Today, Dominating Tomorrow
Gen Z is navigating a paycheck-to-paycheck lifestyle, juggling sky-high rent while surviving on budget meals like 99-cent ramen. But in just a decade, they’re set to become the world’s most powerful economic force.
In 2022, Gen Z’s total income stood at $9 trillion, but projections indicate it will quadruple to $36 trillion by 2030 and skyrocket to $74 trillion by 2040. According to a recent Bank of America report, this shift will make them the weal