The $124 trillion Great Wealth Transfer poses a major challenge for financial services beyond managing the assets themselves. Thrivent’s Terry Rasmussen argues that wealth may transfer from one generation to the next, but trust and financial relationships must be earned anew.
Atria Research and Global Health Institute’s Khadija Rejto examines how longer lifespans are reshaping wealth transfer, philanthropy and healthcare investment. Rejto argues that longevity is a legacy challenge that will determine whether prevention, brain health and care infrastructure innovations become broadly accessible or advantages reserved for those who can afford them.
Bernard Arnault has placed all five children inside LVMH, but who will eventually lead the luxury empire remains an open question.