There are now a record 145 women around the world who are billionaires, compared to a measly 22 in 1995, according to new study released by UBS and PricewaterhouseCoopers (PwC) and cited by CNN. And these ladies aren’t just heiresses, they are building their wealth in real estate, industrial companies and health.
Christy Walton, of Walmart fame, holds the title of world’s richest women with a net worth of $41.7 billion according to Forbes.
Liliane Bettencourt, the heiress to the L’Oreal cosmetics fortune comes in at second.
And third, according to Forbes, is Alice Walton, sister-in-law of Christy Walton and the daughter of Walmart founder Sam Walton.
The study – which surveyed 1,300 people in the 14 markets that account for 75 percent of global billionaire wealth – found that that the number of female billionaires is growing faster than the number of male billionaires.
It also concluded that while 80 percent of female billionaires come from the U.S., Europe and Asia had the greatest growth in number of self-made female billionaires. Approximately half of Asia’s female billionaires are first generation billionaires.
But while the number of male billionaires may be growing at a slower rate, the billionaires’ club is still very much a boys’ club, with men accounting for roughly 90 percent of the world’s billionaires.