wealth transfer
Coverage of wealth transfer in the Nexus archive.
- Manulife Longevity Insight Forum: Empowering Quality Living and Independent Ageing in the Longevity Era
The inaugural Manulife Longevity Insight Forum in Hong Kong brought together executives, academics, and thought leaders to discuss strategies for enabling longer lives with quality, self-reliance, and independence from family dependence. Hongkongers increasingly prioritize retirement independence over traditional wealth transfer, viewing it as a more meaningful legacy.
- 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.
- Orbán associates rush to move wealth out of Hungary after election defeat
Hungary's political landscape shifted after Viktor Orbán's 16-year rule ended, prompting Fidesz-linked figures to allegedly move wealth abroad via private jets and invest assets overseas. Incoming PM Péter Magyar accused these individuals of attempting to shield their wealth from accountability.