The 2016 Global Entrepreneur Report: The Emergence of the "Millennipreneur"

Under 35s are creating more companies, with higher headcount and greater profit ambitions. They show strong interest in the new economy, but not exclusively, and prefer diversification across their investments. Dubbed as the “Millennipreneurs,’ these are business starters from ‘Generation Y,’ born between 1980 and 1995, also known as Millennials. Each Millennipreneur has started an average of 7.7 companies, and 78 percent of successful Millennipreneurs come from families with a history of running their own businesses. This new generation of entrepreneurs—almost 2,600 multimillionaires surveyed across 18 countries—has a total investable wealth of $5.6 billion, and many are already outperforming their parents.