Gen Z, iced out from traditional white-collar jobs, is increasingly turning to nanny work for rich people—and nabbing 6-figure salaries in the process

Gen Z is increasingly seeking six-figure jobs nannying for high-net-worth families. (Credit: Getty Images)

An uncertain job market rife with mass layoffs and accelerated AI integration is sending Gen Z to look for work outside of corporate America.  

At the same time, the number of high-net-worth individuals is growing. At the turn of the century, 322 people were on the Forbes’ list of billionaires; now, there are more than 3,000. Also, the number of “everyday millionaires,” or those across the globe with $1 to $5 million in investable assets, has quadrupled to 52 million over the past 25 years, according to a recent UBS report.