We were lucky enough to be invited into the home of Ken Costa, one of the most renowned investment bankers of our lifetimes to discuss his latest book ‘The 100 Hundred Trillion Wealth Transfer’.
This immense transfer of wealth between the generations is going to shape the future of our world and Ken believes we are in a crucial juncture where we can shape, or ultimately break the future of Capitalism.
Ken was previously Chairman of UBS and Lazard International, having sat at the very highest seats in the Finance world for over 40 years he knows a thing or two about how money makes the world work. He is an author, philanthropist, father and very recently a grandfather!
Watch this one until the end and let us know your thoughts in the comments below…
#money #capitalism #wealth #wealthtransfer #millennial #podcast #interview
Chapters:
0:00 - Introduction
4:00 - Why is this time so crucial?
09:10 - The Generational Divide
15:25 - Why doesn’t Capitalism work for me?
24:00 - Knowledge, wisdom and collaboration
28:20 - We are more than a charity case
31:40 - The need to rebuild trust
36:00 - Student Loans
42:20 - Dangers of socialism
46:55 - Global Financial Crisis
49:15 - Anti-apartheid involvement in South Africa
58:20 - What would Mandela say?
01:03:50 - Dangers of inequality
01:05:30 - What do we need to do?
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ABOUT MILLENNIAL MONEY UK
Millennial Money UK is a community led platform bringing you relatable content on the theme of personal finance and young people's relationship with money.
We are the voice of young people empowering everyone to join the money conversation.
