Generation X millionaires give nearly twice as much to charity on average compared to older generations, according to a new survey.

Northern Trust's third annual "Wealth in America" survey of high-net-worth individuals and families found that Gen X millionaire households (ages 28 to 42) gave nearly $20,000 in 2006, compared to Baby Boomers (ages 43 to 61) and so-called "Silent Generation" millionaires (ages 62 to 77), who gave roughly $10,000.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access