A recent article by Buena Vibra mentioned that the number of female multimillionaires keeps growing!
According to a study by the Union Bank of Switzerland (UBS) and PricewaterhouseCoopers (PwC), “the number of women billionaires is growing, as is their influence as wealth creators and champions of philanthropy.”
According to the report, “the number of female billionaires multiplied by 6.6 from 1995 to 2014, and men by a factor of less than 5.2. So, if in 1995 there were only 22 million-dollar women in the world, by 2015 they are already 197.”
How are they making their money?
The report by UBS and PwC mentioned that women are building their wealth primarily in real estate, industrial companies and health.
The National Association of Realtors’ Annual Profile of Home Buyers and Sellers showed that single women represented 17% of the market this year, the highest point since 2011. Lawrence Yun, NAR’s Chief Economist, said “Single women for years have indicated a strong desire to own a home of their own.”
Why reinvent the wheel? If this method is working for these female multimillionaires, it will work for you, too! Call your local real estate professional to go over your options and increase your real estate portfolio.