Wednesday, May 30, 2018

Billions for Women

The world's billionaire population increased by 15 percent to 2,754 individuals last year, surpassing the previous peak of 2,473 in 2015, according to Wealth-X, a wealth information and insight business. But maybe the biggest news is the rise of female billionaires.

Last year, the number of female billionaires rose by 18 percent to 321, outpacing the 14.5 percent growth in the male billionaire population. That increased women’s share of the global billionaire population to 11.7 percent.

In addition, Wealth-X noted a steady increase in the number of female billionaires whose net worth can be attributed to both inheritance and self-made wealth creation. According to the census, 56.8 percent of global billionaires are self-made, 13.2 percent inherited their wealth and 30 percent built their fortunes in part on inherited wealth.

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