Business

Gen Z set to become richest generation. Here's why, according to researchers

0:00 / 0:38

MoneyMarch 25, 2025 6:26 am

Gen Z set to become richest generation. Here's why, according to researchers

A new study from Bank of America researchers finds that Gen Z will become the richest generation alive. The reason could surprise you.

More Business Videos

Slide 1 of 30

Gen Z set to become richest generation. Here's why, according to researchers

Gen Z set to become richest generation. Here's why, according to researchers

Turmoil over tariffs continues as stocks are down for third straight day

Turmoil over tariffs continues as stocks are down for third straight day

How Trump's new tariffs could affect the Philadelphia region

How Trump's new tariffs could affect the Philadelphia region

Stocks nosedive in wake of tariff announcement. How it could impact you

Stocks nosedive in wake of tariff announcement. How it could impact you

Aramark reaches tentative agreement with Unite Here 274

Aramark reaches tentative agreement with Unite Here 274

How federal funding cuts are taking its toll on food banks in the region

How federal funding cuts are taking its toll on food banks in the region

Community College of Philadelphia strike averted as union secures deal

Community College of Philadelphia strike averted as union secures deal

Tentative deal reached to avert strike at Community College of Philadelphia

Tentative deal reached to avert strike at Community College of Philadelphia

Deadline approaches ahead of strike deadline at Philly Community College

Deadline approaches ahead of strike deadline at Philly Community College

Pica's Restaurant in Upper Darby closing after 70 years in business

Pica's Restaurant in Upper Darby closing after 70 years in business

Philadelphia set to host networking event to connect with fired federal workers

Philadelphia set to host networking event to connect with fired federal workers

‘We made it through': Remodeled Tequilas reopens in Center City 2 years after fire

‘We made it through': Remodeled Tequilas reopens in Center City 2 years after fire

Alums give University of Delaware biggest donation ever

Alums give University of Delaware biggest donation ever

Former Department of Education employee speaks out about job cuts

Former Department of Education employee speaks out about job cuts

U.S. domestic air travel could slow down as concerns grow about the economy

U.S. domestic air travel could slow down as concerns grow about the economy

More couples saying yes to lab-grown diamond rings

More couples saying yes to lab-grown diamond rings

Philly recycling group gets boost from NBCUniversal Local Impact Grant

Philly recycling group gets boost from NBCUniversal Local Impact Grant

More than 33,000 stroller fans recalled because fingers could get caught

More than 33,000 stroller fans recalled because fingers could get caught

Video shows implosion of NJ's Kingda Ka roller coaster

Video shows implosion of NJ's Kingda Ka roller coaster

Which Penn State branch campuses could close?

Which Penn State branch campuses could close?

Advice on avoiding tax season scams

Advice on avoiding tax season scams

Wawa vs. Sheetz rivalry heats up with Sheetz looking at building in Montgomery County

Wawa vs. Sheetz rivalry heats up with Sheetz looking at building in Montgomery County

Aritzia opens 1st Philly store in Center City

Aritzia opens 1st Philly store in Center City

Fabrics and crafts retailer Joann closing hundreds of stores nationwide

Fabrics and crafts retailer Joann closing hundreds of stores nationwide

Dim Sum Garden opens new location in Philly's Chinatown

Dim Sum Garden opens new location in Philly's Chinatown

One of Chinatown's most popular eateries reopening in new location

One of Chinatown's most popular eateries reopening in new location

U.S. wine sales are tumbling

U.S. wine sales are tumbling

Iconic Macy's store in Center City to close

Iconic Macy's store in Center City to close

Councilmember Mark Squilla responds to planned closure of Center City Macy's store

Councilmember Mark Squilla responds to planned closure of Center City Macy's store

Philly's iconic Center City Macy's to close, city leaders react

Philly's iconic Center City Macy's to close, city leaders react

Latest

Meet Philadelphia's Queen of Empanadas, Jezabel Careaga

Meet Philadelphia's Queen of Empanadas, Jezabel Careaga

Eminem's daughter Hailie gives birth & names baby after Rapper

Eminem's daughter Hailie gives birth & names baby after Rapper

Philly Photo Day returns

Philly Photo Day returns

Stars of ‘The Life List' talk new movie

Stars of ‘The Life List' talk new movie

‘SNL' pokes fun at Morgan Wallen's abrupt exit as Jack Black and Elton John return to show

‘SNL' pokes fun at Morgan Wallen's abrupt exit as Jack Black and Elton John return to show

Michael B. Jordan dishes on the allure of playing a vampire

Michael B. Jordan dishes on the allure of playing a vampire

Why Sterling K. Brown doesn't go by his middle name anymore

Why Sterling K. Brown doesn't go by his middle name anymore

Influencer Ashley Surcombe suffers ‘heartbreaking' setback after being found unconscious

Influencer Ashley Surcombe suffers ‘heartbreaking' setback after being found unconscious

Here's why you should watch ‘Meet Cute in Manhattan'

Here's why you should watch ‘Meet Cute in Manhattan'

Here's why yoga will strengthen your body and calm your mind

Here's why yoga will strengthen your body and calm your mind

Serving up success one meal at a time at Philly charter school

Serving up success one meal at a time at Philly charter school

What it means to bring ‘In the Heights' to stage in Philadelphia suburbs

What it means to bring ‘In the Heights' to stage in Philadelphia suburbs