Economy
Trillion-Dollar Wealth Transfer: Gulf Family Fortunes Shift to Next Generation
The Great Wealth Transfer: Trillions Poised to Shift to the Next Generation in the Gulf
The Gulf region is on the cusp of a monumental wealth transfer. Trillions of dollars are expected to change hands as the generation who built their fortunes during the oil boom of the 1970s and 80s passes the baton to their heirs. This massive shift is attracting the attention of major global financial institutions, sparking a race to manage these vast family fortunes.
