Wish this would be adjusted for age. Obviously someone who had more time to accumulate wealth will have more wealth. The real question is how much wealth does each generation have at the same age.
True. Question is a bit how much wealth is in things and how much in money - some boomer owning a nice house and a vacation home is very wealthy, but might not necessarily have the liquidity to donate if they live on some relatively small pension.
It’s extremely simple. How many people are alive born before 1946? Not many compared to the other generations. Their wealth went to their boomer children.
Wish this would be adjusted for age. Obviously someone who had more time to accumulate wealth will have more wealth. The real question is how much wealth does each generation have at the same age.
I am working off of one bar and have no electricity but this research has been done. I think pew has it, but it might be at ITAR
It also matters at the time, as that’s a form of power. Guess who can donate seriously to political campaigns, for example.
True. Question is a bit how much wealth is in things and how much in money - some boomer owning a nice house and a vacation home is very wealthy, but might not necessarily have the liquidity to donate if they live on some relatively small pension.
https://www.statista.com/statistics/1376620/wealth-distribution-for-the-us/
(and time, don’t forget time)
Then why Silent has so little?
It’s extremely simple. How many people are alive born before 1946? Not many compared to the other generations. Their wealth went to their boomer children.