The great wealth lie: Millennials are richer than you or they think

Millennials have seen a 374% surge in wealth from $3.8 trillion in 2019 to $18 trillion by 2025, surpassing Boomers and Gen X in adjusted wealth. Much of their growth stems from housing appreciation and asset investments, though intergenerational wealth transfer remains uncertain as Boomers may spend rather than pass down assets.