According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people.
While it is not unusual for younger people to accumulate
Gen X was at 6% in 1997.
The millennial equivalent to 1997 is about 5vor 6 years ago and there are more of them than us gen xers. They’re definitely worse off with a proportionally higher cost of living.