75% of Italian wealth is concentrated in the hands of those over 50, of which 40% are retirees. This is revealed by a report from the Future Proof Society together with the think tank Tortuga, which describes a stagnant country where being born into the "right family" is still the key to the future. And the social elevator? Broken for years.

Growing inequalities, plummeting mobility

The richest 10% owns 60% of the national wealth, while the poorest half makes do with 7.4%. In the last ten years, the gap has widened at twice the average European speed. It's not just a matter of numbers: wealth remains within the same social class, generation after generation.

Millennials and Gen Z: wealth halved

Those who are now between 20 and 40 years old have a wealth 50% lower than those who were the same age thirty years ago. Blame stagnant wages, inaccessible housing, increasingly privatized healthcare. Yet employment is growing, especially among women. But dual incomes are not enough to bridge the gap.

Frozen assets, frozen life

Buying a house, changing jobs by choice, studying or traveling abroad: these are increasingly rare freedoms. The social class of origin also affects adult life, limiting opportunities and well-being. Those with wealthy parents can afford to take risks. Others remain stuck.

The great transfer: 6,400 billion in 20 years

Italy is about to face the largest wealth transfer in its history. Over 6,400 billion will change hands from now until 2045. But without a reform of the inheritance tax, the risk is that inequalities will crystallize further, without any collective benefit.

A tax on large inheritances to get the country moving again

Experts propose a solution: realign the inheritance tax to the levels of France, Germany, and the UK, taxing only estates over 1 million euros. The goal? Reduce inequalities, finance public services, and lighten the tax burden on labor. A reasonable and moderate proposal. But one that risks going unheard.