translated from Spanish: Super rich are increasingly younger and

multiply the rich are becoming richer and younger.
A survey of U.S. investors with $25 million or more concludes that their average age was reduced by 11 years from 2014 to 47 years. These Americans fabulously rich, whose ranks will have more than doubled since the depths of the great recession, are younger than the less wealthy millionaires. The average age of those with at least $1 million is 62 years old, a figure that it has not moved in years.
The conclusion suggests that “a vast generational transfer of wealth” is “just beginning”, said George Walper Jr., President of Spectrem Group, which conducted the study. The universe of the test was small: 185 Americans with a net worth of more than $25 million, but the findings are consistent with other economic research in the top 0.1%.
The over 65s have more than one third of the wealth of the USA, a number that has not increased as fast as the proportion of elderly Americans in the population, they discovered Emmanuel Saez and Gabriel Zucman, economists at the University of California at Berkeley. In fact, the richest Americans group “actually is becoming younger”.
Where do these new rich come from? It is likely that the new generation of millionaires and billionaires due their money both the inheritance and the fortunes amassed by themselves. “There may be more Mark Zuckerberg at the top of the distribution of wealth than in the 1960’s, but also more Paris Hilton ‘, Saez and Zucman wrote.
About 172,000 households in the U.S. have an equity of at least $25 million, according to Spectrem estimate last year. That represents a rise about 84,000 households in 2008.
Approximately nine of every ten investors under the 38-year-old attributed his success to the “heritage” and “family connections” in the Spectrem survey. But the same proportion also said that “hard work” and “own business management” played a role. About 70 percent of the richest investors indicated that they are still working.
While more young people entered the top 0.1%, most of his fellow millenials and generation X were having difficulties. According to the survey of consumer finances of fed launched in July of 2018, 75 years from now Americans are the only age group whose average net worth increased from 2007 to 2016. Ordinary Americans aged 35 to 54 saw how its wealth, strongly concentrated in housing, plummeted by more than 41 percent in that period of time.
Meanwhile, the richest Americans complex estate planning techniques used to transfer wealth to their children, grandchildren and more generations. Ninety-one per cent of investors with $25 million or more kept the assets in a trust, said Spectrem, and half has three or more established trusts.
The charity is receiving less attention. But about 200 of the richest people in the world have joined the philanthropic campaign Giving Pledge, the Spectrem survey suggests that the typical rich person is much less generous, at least so far. Of respondents with at least $25 million, only 15 percent give $100,000 or more a year.

Original source in Spanish