generational wealth

English

Noun

generational wealth (uncountable)

1. Assets that are passed down from one generation to the next.

   Antonym: poverty trap

   I will never sell my stocks. I want to build generational wealth and leave it to my children, and I hope they do the same.

   • 2021 August 20, Daisuke Wakabayashi, quoting Scott Hassan, “Who Gets the L.L.C.? Inside a Silicon Valley Billionaire’s Divorce.”, in The New York Times‎^[1], →ISSN:

     “I have no doubt we will land on a resolution that makes her a woman with generational wealth,” Mr. Hassan wrote.

   • 2023, “Sprinter”, performed by Central Cee x Dave:

     We ain't got generational wealth / It's only a year that I've had these millions

Related terms

• intergenerational

 

See also

• equal opportunity
• inequality
• inequity
• inheritance
• moneyed
• nepo baby
• new money
• old money
• rich kid
• trust fund baby
• unmoneyed