Our poll question last week was an insight check: we asked our readers which group comprised the biggest part of the “Super Wealthy.”

The answer lies in what we consider “Super Wealthy.” There are many different categories of wealth: the “mass affluent,” described as those with a net worth between $100,000 and $1 million; the “millionaire,” which is easily defined; the “ultra-high net worth,” those with a net worth of up to $24 million; and the $25 million-plus investors.

Our readers determined that baby boomers comprise the largest part of each of these segments, which is true – except for the $25 million-plus investors. That group’s largest constituency is millennials, which make up 47%.
In that segment, millennials averaged nearly twice as much money as their boomer counterparts.

Source: https://www.thinkadvisor.com/2019/03/19/millennials-now-make-up-nearly-half-of-the-super-wealthy-spectrem/?kw=Millennials%20Now%20Make%20Up%20Nearly%20Half%20of%20the%20Super-Wealthy:%20Spectrem&utm_source=email&utm_medium=enl&utm_campaign=dailywire&utm_content=20190320&utm_term=tadv