– The investable assets of wealthy individuals are expected to double globally by 2030, and the bulk of this wealth transfer is going to women.
– Women are taking control of family private wealth and continue to create wealth through entrepreneurial ventures and other investments.
– Women’s dominance in wealth and finance requires financial services firms to understand and cater to their unique wants and needs.
– Online platforms and communities, as well as technological tools, are empowering women to invest and participate in the world of finance.
– Social investing, based on values and interests, is emerging as a growing trend, narrowing the gender wealth gap.
– Female entrepreneurs are starting three quarters of new businesses, and their success will inspire more women-led startups.
– The technology industry is seeing a rise in the percentage of female workers and leaders, leading to a less sexist and biased space.
– The percentage of women leaders in tech is expected to continue growing, reaching over 30% by 2025.
———————————————————————————————————————–
How will technology influence women’s wealth in the future?
I participated in a panel discussion on VoiceAmerica Business Channel: Technology Revolution Radio, that addressed this very question. The panelists were three women leaders who are passionate about the future of women’s wealth and technology: April Rudin, Eva Grønbjerg Christensen, and Iris ten Teije.
Here are the three key themes that emerged from our conversation.
1. The Shift from a Male-Centric to a Female-Centric Investing Environment
– Wealth transfer is going to women, as they outlive men and become the main contact for firms and funds seeking to onboard new assets.
– Women’s dominance in controlling family wealth and creating wealth through entrepreneurial ventures requires financial services firms to cater to their unique wants and needs.
2. Technological Tools are Propelling More Equal Wealth Distribution
– Online platforms and communities, as well as technological tools, are empowering women to invest and participate in the world of finance.
– Investing based on values, interest, and passion is becoming easier with the help of technology, leading to increased engagement from women in the world of investing.
– Sustainable investing is on the rise, narrowing the gender wealth gap and promoting investments based on personal values and holistic thinking.
3. Female Entrepreneurs and Leaders are Transforming the Tech Industry
– Women are starting three quarters of new businesses, signaling a surge in women-led startups and a leading indicator of the future.
– The technology industry is seeing a rise in the percentage of female workers and leaders, making the space less sexist and biased.
– The percentage of women leaders in tech is expected to continue growing, ultimately making the industry more inclusive and diverse.
Overall, the future of women’s wealth and technology is promising, with women playing a significant role in shaping the finance and tech industries. With the right support and opportunities, women have the potential to drive positive change and create more equal wealth distribution.
