Baby boomers own pretty much everything – but millennials could be about to catch up

• Baby boomers own a massive $75 trillion in wealth spread out across stocks, homes, and businesses.
• But millennials are just starting to enter their prime earnings years and have one big advantage.
• Here’s the breakdown on the assets owned by each generation, and what’s in store for the future.

From stocks to homes to cash, baby boomers own just about everything when compared to younger generations like Generation X and millennials.

Market veteran Ed Yardeni recently ran the numbers and tallied up $75 trillion in wealth held by baby boomers, which is nearly double the $40 trillion of wealth held by Generation X and 1o times the $8 trillion owned by millennials.