The $100 Trillion Wealth Transfer: Ken Costa explains why the handover of wealth from Boomers to Gen Z must revolutionize capitalism

EPISODE 1711: In this KEEN ON show, Andrew talks to Ken Costa, the author of THE 100 TRILLION DOLLAR WEALTH TRANSFER, about why the handover of wealth from Boomers to Gen Z must revolutionize capitalism

For over 40 years Ken Costa has been a leading global investment banker, philanthropist and thought leader. Born in South Africa, he was active in the anti-apartheid movement as a student leader in Johannesburg and went on to study law at Queens’ College, University of Cambridge, thereafter becoming Chair of UBS Investment Bank (EMEA) and Lazard International. He is currently chairman of Helios Fairfax, the largest private equity group in Africa. As a supporter of investment in the next generation he chairs Glorify, a meditation app. Alongside his finance career, Ken has been heavily involved in various not-for-profit organisations including the Advisory Board of the London Symphony Orchestra and Trustee of the Nelson Mandela’s Children’s Fund (UK). In 2023, he was awarded the Canterbury Cross by the Archbishop of Canterbury for outstanding contributions to the Church of England. He created the highly successful Tick Tock Club for Great Ormond Street Hospital which has raised £50m for the hospital. He is Emeritus Professor of Commerce at Gresham College and was coordinator of the City’s response to the Make Poverty History Campaign. He has been a contributor to The Financial Times, The Wall Street Journal, The Times and The Telegraph. He is married to Dr Fiona Costa, with whom he has four adult children.  

Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.