Gen Xers, the forgotten child of the ‘Great Wealth Transfer,’ are first in line for $31 trillion worth of inheritances from the rich and ultra rich, new report finds

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Generation X has become the overlooked, if not somewhat pitied, castaway of the Great Wealth Transfer headed Americans' way. But new research suggests that there is a massive tide of inheritances—greater than the entire GDP of the U.S.—coming up for grabs in the next 10 years, and Gen Xers are the odds-on favorites to receive them. 

By 2033, 1.2 million individuals worldwide worth $5 million or more are going to pass on more than $31 trillion to their inheritors, according to a recent report by Wealth-X, a company that provides research and data on the world’s wealthy. Individuals worth $100 million or more—of which there are fewer than 40,000 globally—are expected to pass on almost half of that wealth. And most of it is going to Generation X.