There are currently 3,323 billionaires in the world. Among them, 13 percent or 431 are female billionaires. On Monday, the US media NBC said that women are gradually becoming a major share of global wealth, with information on the 'Ultra Billionaire Statistics'. Many of them are now entering the billionaire club with new goals and philanthropic activities.
According to NBC, the number and share of female billionaires around the world has grown steadily over the past decade. Factors such as the increase in the number of women entrepreneurs, changing societal attitudes towards women and the inheritance of large amounts of family wealth will increase the presence of women in the billionaire club in the future, the Ultrata report said.
Today, three-quarters of the 431 female billionaires inherited a portion of their wealth. Of these, 38 percent became wealthy entirely through inheritance.
Interestingly, the top three richest women in the world all inherited huge wealth. Among them, Alice Walton has a net worth of about $104 billion, Julia Fleischer Koch has a net worth of $76 billion, and François Bettencourt Meyers has a net worth of $73 billion. Male inheritance rates are much lower. Statistics show that only 5 percent of male billionaires inherited their wealth.
Statistics show that 25 percent of female billionaires are self-made. But 66 percent of male billionaires built their mountain of wealth entirely on their own. It is believed that the tendency to inherit wealth or become a billionaire will increase in the future. According to a report by Cerulli Associates, women could inherit nearly $30 trillion in wealth over the next decade.
Particular differences have been observed in the use of wealth between male and female billionaires. In particular, this is noticeable in the case of resource spending and donations. Wealthy women pay much more attention to nonprofits and social organizations than wealthy men. About 20 percent of female billionaires spend the majority of their careers working for charities. Inherited wealth increases their interest in charitable activities. Because they have relatively less responsibility to do business or increase wealth.
Analysts also say women are more interested in luxury real estate and art. Women are one and a half times more likely than men to buy homes worth more than $10 million. Men are more inclined towards private jets, yachts and expensive cars.
The most popular hobby for female billionaires, it found, was philanthropy, at nearly 71 percent. On the other hand, 71 percent of male billionaires' top hobby is sports. Women are interested in art, education and travel. And men are more interested in aviation, outdoor activities and politics.
Female billionaires are not limited to acquiring or enjoying wealth. They are also playing a role in bringing positive changes in the society.