According to Bloomberg, women are controlling ever-greater sums of money around the world, setting the stage for major shifts in wealth management and philanthropy.
In the US alone, McKinsey & Co. expects women to control $34 trillion – or roughly 38% – of investable assets by 2030, close to double last year’s total.
Women will control over 50% of the global wealth market in next 5 years, says Ida Liu, the Global Head of Citi Private Bank.
