Women to Inherit $9 Trillion in Upcoming Wealth Transfers
The 'horizontal wealth transfer' will see a significant shift in wealth management and philanthropic landscapes as women inherit assets from spouses.
- UBS reports $84 trillion will be passed down over the next 20-30 years, with $9 trillion going to spouses, primarily women.
- Women are expected to hold onto inherited wealth for an average of four years before passing it to the next generation.
- The trend will reshape wealth management, with women becoming key decision-makers in financial and investment sectors.
- Luxury brands and philanthropic causes are adapting to the increasing financial influence of women.
- The Americas will see the largest horizontal wealth transfers, with over 50% of the world's transferable wealth.