They say that you begin to feel old the moment the people in charge start to be younger than you. I’m not quite as old as prime minister Rishi Sunak (born in 1980), but I and other older millennials aren’t that far off that moment. New Zealand and Finland have elected – and now removed – leaders younger than me. The Saudi regime may be the apotheosis of a gerontocracy, but its de facto leader, crown prince Mohammed bin Salman, was born in 1985, well after the starting point for the millennial generation. It’s not just politics that is about to be transformed by generations Y (born between 1982 and 1996) and Z (the “zoomers”, born between 1996 and 2010). Business faces upheaval too.
Changing of the guard
Taken together, millennials and zoomers now comprise the biggest demographic cohort in most countries, says Ben Laidler, global markets strategist at investment platform eToro. In the UK the median age is now 40.7, which means that more than half the population was born after 1982. In the US, the median age is even younger, at
