Gen Z is set to become the world's wealthiest generation by 2035, with their total wealth expected to grow 720% between 2023 and 2040. Their global income could reach $74 trillion by 2040, and their spending is rising faster than average. Despite job market challenges, Gen Z’s wages grew nearly 8% in February—twice the overall average. The transfer of wealth from Baby Boomers may further boost their financial future.

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