adminGirls rule, boys drool! The world’s female billionaire population has grown 560 percent over the past two decades, according to a new report.
A record 145 women around the world are now billionaires, compared to just 22 in 1995, finds a study by UBS and PricewaterhouseCoopers. They’re largely building their wealth in real estate, industrial companies and health.
Eighty percent of the world’s female billionaires are in the US and Europe, but most have inherited their riches. New wealth creation is increasingly shifting to Asia, where more than half of the women billionaires are first-generation entrepreneurs.
The number of male billionaires (1,202) is growing at a slower rate, but the global billionaires’ club is still largely dominated by men. They account for roughly 90 percent of the world’s billionaires. Going forward, more women are expected to join the billionaire club, as “daughters (are) groomed to take an active role in leading the family and its business,” said the report. – CNN Money.
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