Only 23 years old, he has $200k in investments: More Gen Z youth start growing their wealth

Cleaning company director Jimmy Tey is among a growing number of those in Generation Z who are cashing in on bearish markets amid economic uncertainty.
Cleaning company director Jimmy Tey is among a growing number of those in Generation Z who are cashing in on bearish markets amid economic uncertainty.ST PHOTO: GIN TAY

SINGAPORE - Cleaning company director Jimmy Tey is only 23 but he has already invested about $200,000 in equities and endowment plans in an effort to grow his wealth.

He is among a growing number of those in Generation Z - aged 18 to 23 - who are cashing in on bearish markets amid economic uncertainty.

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