Thats because you're looking at the average not the median. There are enough billionaires and millionaires to skew the average to a very unrealistic number for the average person.
If you use this metric for baby boomers then their average net worth is 900k, Gen X is 560k, and Silent generation and earlier 890k.
Millennials being 90k is very low comparatively, and it is very very top heavy with who has the money.
As you can see here https://www.visualcapitalist.com/visualizing-u-s-household-debt-by-generation/ The average debt held by the generations is fairly close, which means millenials are FUCKED with an average of 90k vs 560-900k.
Based on those numbers, the average millenial is in debt for 100% of their networth, while the average gen x is in debt for only 1/5 their net worth, baby boomers are in debt for roughly 1/10 their net worth, and, the silent generation is in debt for roughly 1/20 of its net worth.
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