According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people.
While it is not unusual for younger people to accumulate
I’m not naive enough to blame generations, although boomers and gen X definitely have their fair share of blame for other reasons. No, working class boomers and gen Xers both barely have any wealth, either. The top 1% in the US holds nearly as much wealth as the bottom 90%. That’s the truly disturbing and infuriating statistic.