Asian female billionaires to the fore
They comprise one-fifth of the global billionaire population and are younger.
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
FEMALE billionaires have grown faster than their male counterparts over the past two decades, particularly in Asia, says a joint report by UBS and PwC.
Globally, female billionaires grew 6.6 times, compared to 5.2 times for males. In Asia, the number of female billionaires grew 8.3 times, albeit on a low base: from just three in 1995 to 25 today.
The report, The changing faces of billionaires, also finds volatility in the billionaire wealth levels. Only 126 or 44 per cent of the 289 billionaires listed in 1995 remain on the list. Others have dropped off due to death, family dilution or business failure.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
