- Gen Z and young millennials are stepping into money only to give it all away—and they’re not doing it alone. Money coaches are guiding wealthy young people in redistributing their millions to philanthropic causes to offset their guilt. “A lot of them are just like, ‘Get it off, get it away,’” one inheritance advisor tells Fortune.
Receiving a mountain of cold hard cash might be a dream come true for most. But for others, it’s a crushing responsibility that comes with a lot of shame. Rich young inheritors are grappling with newfound wealth by banding together to give it away.
