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The Number of Female Billionaires Has Increased More than 500 Percent since 1995

The Number of Female Billionaires Has Increased More than 500 Percent since 1995:

Between 1995 and 2015, the number of female billionaires grew from 22 to 145, an increase of nearly 560 percent. According to a report commissioned by UBS/PwC, the total number of female billionaires is also growing at a faster rate than that of their male counterparts, although women still have a lot of catching up to do. There are currently 1,202 male billionaires, which means women account for only about 11 percent of the global total.

The report also found that the increase in female billionaires can be partially attributed to the overall economic boom in Asia over the past 20 years. Around 20 percent of female billionaires are now from the continent. Asia also has the largest percentage of self-made female billionaires, with more than 50 percent having made their fortunes on their own rather than through inheritance. In the U.S. and Europe, self-made female billionaires account for only 19 percent and seven percent of the total, respectively.

(H/T: The Guardian)

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