The Future of Women’s Wealth: Innovators, Investors, Influencers

The Buzz 1: “85% of the women I interviewed make money in ways that really aren’t any different from how women made money in 1980: a third have jobs that pay salaries and bonuses, perhaps with a bit of a twist; about a quarter make money off of direct drive sales (a business model I remember well from selling photocopiers for Xerox in 1986!) and another quarter provide some sort of fee for service. A mere 15% have the “many sources” model for money making.…” (Barbara Stewart, Rich Thinking® global research papers http://barbarastewart.ca) The Buzz 2: “Approximately $30 trillion in wealth is set to change hands in the next decade and women are poised to inherit a sizable share, according to research by McKinsey & Company published in 2020.” (investopedia.com) The Buzz 3: “According to Consultancy group Boston Consulting Group (BCG), women hold nowadays an average of 40% of global wealth, and this could rise at a compound annual growth rate of 7.2% by 2023, outpacing the 5.2% compound annual growth rate projected for men.” (juliusbaer.com) The Buzz 4: “In many ultra-high-net-worth families, the roles of women are still hindered by long-standing conventions and complex intergenerational dynamics. Although these women control a significant percentage of the world’s wealth ($10.9+ trillion in assets in the U.S.), serve as CEOs…and play an increasing role in shaping the philosophies and priorities of future generations, their contributions are often overlooked.” (nasdaq.com) We’ll ask Barbara Stewart, Eva Grønbjerg Christensen, Iris ten Teije and April Rudin for their take on The Future of Women’s Wealth & Technology: Innovators, Investors and Influencers.