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Opulence 1100 Words You Need Week 21 Day 1

Published on May 8th, 2020 | Last updated on May 8th, 2020 by | Category: 1100 Words You Need to Know Flashcards, English Vocabulary in Context | No Comments on Opulence 1100 Words You Need Week 21 Day 1 | 114 Views | Reading Time: 2 minutes

Opulence 1100 Words You Need

Opulence 1100 Words You Need

/ˈɒpjʊl(ə)ns,ˈɒpjʊləns/ (noun)

wealth and riches, affluence, luxury, sumptuousness, prosperity, lavishness, abundance, fortune, so much money

Opulence is much more than a collection of assets. It’s a journey fueled by vision, passion, courage and drive, on a constant quest to shift horizons. To reach emotional fulfillment and attain greatness. And to be remembered for what you have achieved. We take into account the four dimensions of Great Wealth – business, investments, family, and purpose – and prioritize them. We open a dialogue and begin a partnership across generations for generations, so that Great Wealth endures.

Source: https://www.ubs.com/

Baby Boomers, the generation of people born between 1944 and 1964, are expected to transfer opulence to younger generations over the next many years. This jaw-dropping amount has led many journalists and financial experts to refer to the gradual event as the “great wealth transfer.”

In no prior time in the history of America has such a vast amount of wealth moved through the hands of generations.

As the baby boomer name suggests, this generation represented a sudden growth in population post World War II. After decades of prosperity and economic growth, this generation amassed significant financial wealth and control roughly 70% of all disposable income, according to a 2015 report by US News & World Report.

Source: https://www.forbes.com/

Antonym: poverty, simplicity

Adjective: opulent

Farsi: ثروت، پول زیاد، دارایی

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