Summary of The New Face of Wealth and Legacy

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Experts forecast that, by 2020, 32% of all wealth will be in the hands of the female population. Add to this mix women growing their contribution to global labor forces, as well as assuming senior roles in business and in government, and the Year of the Woman may well become the Decade of the Woman. The Economist Intelligence Unit analyzes the results of a survey conducted to better understand women’s growing economic influence. getAbstract recommends this robust report to financial planners, entrepreneurs and business professionals.

In this summary, you will learn

  • How women are remaking the financial and economic order,
  • Why female attitudes on wealth creation and management will continue to evolve, and
  • How society and future generations will benefit from female decision making in financial and economic activities.
 

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

 

Summary

Women are reshaping the global commercial, financial and economic landscape. From monetary holdings to professional positions and entrepreneurial efforts, females across the world are controlling a larger share of assets, entering the labor force in increasing proportions and creating new companies. A growing number of female executives reside in C-suites and act as heads of global institutions. Women own nearly 10 million US businesses, and they co-own another 2.5 million; combined, those firms employ 15 million people and generate $2.5 trillion in revenue. By 2020, women’s wealth will total $72 trillion, an increase of $21 trillion since 2015. 


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