Older Americans Have Become The Nation's Hidden Millionaires—Their Wealth Soared 81% But it Wasn't Wall Street That Made Them Rich

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For decades, the wealth gap in America has been framed as a generational issue. But new research shows the story might be more surprising than expected — especially for those over 75. According to Edward N. Wolff, an economics professor at New York University and longtime inequality researcher, the real winners in the wealth game between 1983 and 2022 weren't the up-and-coming tech crowd or Wall Street tra ...