Global Scans · Wealth · Weekly Summary

• [New] Over the longer term, women are projected to inherit roughly 70% of the US$ 124 trillion Great Wealth Transfer by 2048, materially reshaping demand across advice, protection and retirement income. / USA State Street
• [New] An estimated US$ 84 trillion in wealth will transfer between generations through 2045 - updated to roughly US$ 124 trillion through 2048. TFOA
• [New] Brands adjusting their VIC programs to tap into tech-driven wealth foresee concentrated luxury spending among the highest income brackets through 2031. / USA Yahoo! Finance
• [New] In the U.S. alone, a modest wealth tax on multimillionaires and billionaires - at a rate of 1% for fortunes $10 million, 3% for fortunes $100 million, and 5% for fortunes $100 billion - could raise an estimated $414 billion to invest in social programs and fighting poverty. Digital Rhetoric Collaborative
• More than $124 trillion in U.S. household wealth is expected to transfer across generations through 2048. Hamilton Lane
• For years, demographic futurists have predicted an unprecedented generational wealth transfer - estimated at upwards of $18 trillion - as ageing Baby Boomers pass their assets to heirs and charitable causes. Foundation Source
• Crown Prince Mohammed bin Salman chairs Saudi Arabia's Public Investment Fund, a $900 billion sovereign wealth fund that backed Humain, a PIF-owned A.I. company that will build data centers, cloud infrastructure, frontier models and A.I. applications. Observer
• Premium locations such as Palm Jumeirah and Downtown Dubai are expected to continue benefiting from strong global wealth inflows, while emerging infrastructure-led corridors such as Dubai South are positioned for sustained long-term growth. Economic Times
• Social Europe The answer to the excesses of an Elon Musk-style oligarchy is a sweeping left-wing populism that will tax the rich, break up corporations, and expand government power to redistribute wealth. Shaping Tomorrow
• As American baby boomers and others pass on accumulated assets to their heirs, US$ 124 trillion in private wealth is expected to shift hands through 2048, with an estimated US$ 18 trillion going to philanthropic causes. Project Drawdown
• Today's structural ageing trend will create significant opportunities and drive transformation in the global economy, particularly as supportive policies, healthcare advancements, and wealth accumulation enable longer, active and dignified living. Bank of Singapore
• The historic wealth being generated in Silicon Valley by AI will ultimately need to be redistributed - either voluntarily or involuntarily - raising broader questions about inequality and policy intervention as the AI boom matures. AGI Agent
• The next era of global wealth will not be written in oil, but in ions. Event Landing Page
• The GCC region is projected to see a 13-fold increase in investment as windfall profits from sovereign wealth funds are redirected into new capacity, such as green hydrogen and domestic industrial cooling. / China Consultancy Middle East
• Analysts expect strong wealth momentum and attractive dividend yields to continue supporting the share prices of Singapore's three banks. ST
• Financial services: The UK remains a global financial center, with opportunities in banking, fintech, insurance, and wealth management, especially in London and regional centers like Leeds and Edinburgh. Taxes for Expats
• Nearly half of U.S. individual investors who expect to inherit assets say they do not plan to keep their parents' or spouse's financial advisor when managing that wealth. Natixis Investment Managers
• Forbes California's wealth tax proposal will likely be felt well beyond the small group of ultra-rich targets, with potential costs and risks borne by ordinary Californians as well. Family Enterprise USA
• Innovation will persist because of California's talent base and that modest wealth taxation can help address inequality and fund healthcare. Family Enterprise USA
• As an estimated US$ 90 trillion of wealth is transferred across generations, and an ever-growing share of portfolios is dedicated to alternative assets, fund managers will need compelling insights to attract capital into real estate. OBSERVER RESEARCH FOUNDATION ( ORF )
• Boston Consulting Group argues AI will not eliminate wealth management, but it will sharply stratify winners and laggards. The Idea Farm
• What sets the UAE apart in the eyes of Indian wealth is not that it faces fewer risks than others, but that it handles them like a well-run company: with clear governance, fast execution and controlled messaging. Economic Times
• Across sectors as diverse as space and defence, hardware, robotics and sensors, cybersecurity, AI, and biotech, Australia has a wealth of startups developing the exciting new technologies that will lead to productivity and economic improvements for millions of Australians. LinkedIn

Last updated: 03 August 2026