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Anorak | Women Getting Wealthier Than Men

Women Getting Wealthier Than Men

by | 11th, June 2007

IN a report that will have chauvinistic City boys kicking their Porsches in frustration, Barclays Wealth Management predict that women millionaires will outnumber their male counterparts by 2020, when, they claim, 53 of millionaires will be female.

The survey also reveals that female investors are more considered and conservative than their more income-driven and risk-taking male counterparts.

This rise in female economic power is also reflected in the 2007 Sunday Times Rich List, with 92 women making the list, an increase of 11 from the previous year.

Not surprisingly, banks are eager to attract this new female wealth, with Royal Bank Coutts, somewhat patronisingly running fashion weekends and networking events to appeal to rich women. Why don’t they have a cake sale as

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Posted: 11th, June 2007 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink