A new report from Bank of America indicates a significant shift in how businesses are transferred between generations in the U.S. In 2026, it's projected that 23% of businesses will be inherited, compared to only 11% purchased, a reversal from previous years where purchases outnumbered inheritances. This trend is part of the broader "Great Wealth Transfer," estimated to move between $36 trillion and $124 trillion from Baby Boomers to younger generations. Experts suggest this rise in inherited businesses may signal increasing wealth concentration and a trend of companies remaining private for longer periods. AI
RANK_REASON The article discusses economic trends and research findings related to wealth transfer and business ownership, rather than announcing a new product, model, or policy.
- Arnaults
- Baby Boomers
- Bank of America
- Federal Reserve Bank of St. Louis
- Jonathan Parker
- MIT Sloan School of Management
- Murdochs
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