AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
If you're wondering about women and wealth, consider:
* Women now control 51% of private wealth and by 2010 are expected to own half of the wealth in the United States. Due to longevity, women inherit 70% of all estates.
* Women own 6.2 million businesses, and women of color own 1.2 million of them. More than half of high net worth women business owners and executives contribute more than $25,000 to charity each year, including 19% who contribute $100,000 or more.
* More than one-third of all the existing 60,000 foundations have been formed since 1996. Worldwide, 150 women's funds have combined assets of $630 million.
Yes, the collective wealth is there, but so are problems:
* Women are two-thirds of adults living in poverty.
* Only one-third of teen moms graduate from high school.