Women now hold just under a third (32 percent) of the world’s wealth, with the growth rate of their share expected to increase over the next four years.
This is according to modeling from the Boston Consulting Group (BCG), which said that between 2016 and 2019, women’s accumulated wealth at a compound annual growth rate (CAGR) of 6.1 percent.
This was expected to accelerate to 7.2 percent over the next four years, assuming an ‘L-shaped’ recovery from the Covid-19 economic crisis.
But BCG said in the study, Managing the Next Decade of Women’s Wealth, women remained “largely underserved” b...