Wealth is going ‘woke,’ says UBS: Rich people are now ‘younger, more female—and more openly queer,’ thanks to the Great Wealth Transfer

UBS reports that the Great Wealth Transfer will shift wealth demographics toward younger, more female, and openly queer individuals over the next two decades, with $80 trillion expected to be transferred. LGBTQ+ and women investors are projected to influence investment strategies and capital costs as they inherit larger portions of family wealth.