UBS/PwC Billionaires report reveals female billionaires outpace males
UBS Group AG and PwC have launched their joint deep dive report, “The changing faces of billionaires”, which explores the role of women in building lasting financial legacies and how wealth is preserved across multiple generations.
The report’s findings, which build upon UBS/PwC’s 2015 Billionaires Report released last May, “Master architects of great wealth and lasting legacies”, revealed that the number of female billionaires is growing faster than the number of their male counterparts. Women have been controlling greater average wealth than men and becoming more influential in family businesses, philanthropic enterprises and governance. The report also highlights the fleeting nature of great wealth, finding that only 126 billionaires or 44% of the class of 1995 are billionaires today. It underscores the strategies these prevailing billionaires have employed to build and preserve lasting legacies.
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