Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Fortune
Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different realityWorldPing
Image via Fortune.

What happened

Younger donors give to more causes than their parents—but only 47% of the wealthy think they're ready.

Key facts

  • Younger donors give to more causes than their parents—but only 47% of the wealthy think they're ready.
  • Reported by Fortune and published Tue, 06 Oct 2026 07:03:00 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

  2. UK events firm that hosts arms fairs and comic shows sold to rival for £2bn

  3. Women top lawyers now out-earn men by 16% at America’s biggest companies—even as their share of the job slips

Sources

The original report was published by Fortune. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Fortune

Related WorldPing coverage

UK events firm that hosts arms fairs and comic shows sold to rival for £2bnWorldPing
The Guardian

UK events firm that hosts arms fairs and comic shows sold to rival for £2bn

FTSE 100 firm Informa to buy Clarion from private equity group Blackstone Business live – latest updates A British events business that hosts arms fairs and conventions for comic book fans has been snapped up by a FTSE 100 rival for more than £2bn.

Brief by WorldPing · Original reporting by The Guardian