Many baby boomers are financially well-off, benefitting from buying houses during times when prices were low. In fact, boomers make up the majority of the ultra-wealthy population in the world, though that’s going to change soon.
The Altrata World Ultra Wealth Report 2025 details information about the world’s richest individuals, the ultra-wealthy, who have a net worth exceeding $30 million. According to the report, baby boomers make up a 45% share of the ultra-wealthy; that share is twice the size of the next-largest share, Gen X. Over the next two decades, the boomer population’s share will be reduced to 17%, while the Gen X, Gen Z and millennial population will comprise 80% of the ultra-wealthy.
