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Spear's Magazine and WealthInsight Report Shows Global Multimillionaire Gender Gap

A recent research project conducted by Spear's magazine and WealthInsight has uncovered a stark gender gap among high net worth individuals: Only 10 percent of the world’s multimillionaires with a net worth of $30 million or more, excluding their personal residence, are female. WealthInsight’s global database of millionaires was used for this report.

Numerous nations with developed economies fall below the global average, including the United States (9.4 percent), the Netherlands (5.9 percent), and France (8.5 percent). Conversely, the developing economy of the Philippines exceeds that 10 percent benchmark by more than 100 percent. Twenty-one percent of it multimillionaires in the Philippines are women. Additionally, the study reveals that Portugal has the highest percentage of multimillionaires at 24 percent. Japan has the most disproportionate mix of multimillionaires, as only 3.7 percent are women.

James Rothaar

James has written content for Justluxe.com and other leading online luxury lifestyle magazines. Rothaar previously served as the senior-tenured staff writer for JustLuxe, having worked with the digital magazine since 2005. He resides in Jacksonville, Florida, and works as an independent marketing consultant and freelance writer and copywriter. He is the co-owner of Wild Owl Digital, a boutique mar...(Read More)

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