THE OPPORTUNITY THAT THE GREAT WEALTH TRANSFERS PRESENTS US PROVIDED AN INSPIRATIONAL FOCUS AT THIS YEAR’S MODERN AFFLUENCE SUMMIT, HOSTED AT THE CREATIVE CAULDRON OF 180 STRAND. A SEMINAL MOMENT FOR MODERN AFFLUENCE EXCHANGE AS GLOBAL C-SUITE LEADERS, ENTREPRENEURS AND PEOPLE OF INFLUENCE CONVENCED TO DISCUSS THE OPPORTUNITY AND ALL THAT FLOWS FROM IT.
"People want meaning beyond wealth"
- JJ Hodari,Angel Investor
Over the next 30 years an estimated $81 trillion is set to transfer to younger generations in what has already been dubbed “The Great Wealth Transfer”. Over 50% of American wealth is now inherited, according to the Wall Street Journal, with 15% of American adults expecting to receive an inheritance from a parent, spouse, family member or another individual in the next 10 years. Millennials and Gen Zs, who in 2019 made up 40% of the luxury personal goods market, are set to represent 75% of the segment by 2026 becoming the dominant players, according to Boston Consulting Group.
"If it’s not transparent, it’s not luxury”
- Esther Oberbeck, Head of the UK Board of Directors and SVP of Group Strategy at De Beers
Thanks to our sponsor VGC Partners, our partners at the Future Laboratory and Verb, our inspirational panellists, and speakers and of course our audience of change makers and legacy builders.
“The mandate for brands generally is to be more audacious and be more inspiring,”
- Phil Holliday, Bentley’s Director of brand ambassador and VIP