According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people.
While it is not unusual for younger people to accumulate
Didn’t the stock market have a massive crash in 87 (the worst in history) and then the recession in early 90s was brutal for a loooot of people. I suppose it depends on what market you were in.