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Evening Standard
Evening Standard
World
Sian Baldwin

Millennials set to become ‘richest generation in history’ – but only when their parents die

Millennials will become the richest generation in history once their parents have died, according to a study.

The research showed that those deemed to be in the millennial generation are set to massively benefit as a result of their baby boomer parents, with one in three in this age group said to have built up significant wealth over the course of their lives. This is mainly in the form of property but also can be as shares and bonds.

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