Billionaires are in the midst of their own Great Wealth Transfer, and it's changing the face of the 10-figure club forever

A close-up of a rich, well-dressed couple having a toast with champagne while traveling in a private jet (Credit: Extreme Photographers)

Welcome to the modern dynastic era. Today's billionaires are undergoing a seismic shift, transferring an unprecedented amount of wealth to heirs around the world that is so large it's changing the makeup of the typical billionaire.

Right now, the typical billionaire is around 69 years old and made his (it's almost always a man) money from entrepreneurship of some kind. He's interested in philanthropy, and is likely to live in the United States, which accounts for 751 billionaires and over $4.5 trillion in wealth.