Library Elise Sutton

Female Supremacy Articles - Page 26

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It is this trend that has resulted in the big increase in the number of women in the Sunday Times Rich List for 2007. Among the 1,000 rich individuals listed in the table the number of women has grown by 20% since last year - to a record 92 entries. And this is despite the higher entry threshold compared with 2006.

Although there is no disputing the fact that the very richest among them have acquired their wealth through inheritance or from being the wives of rich husbands (or the ex-wives of rich husbands) the list is peppered with an increasing number who have built up their fortunes independently through the creation of their own successful organisations.

Proof of this trend can be seen from the entries in the most recent Management Today annual list of the top 100 entrepreneurs. Whereas in previous years the female quotient would have been pretty dismal, it is now looking reasonably healthy. Women now account for 25% of the entries on the list.

And the wealth that these women have in their grasp is growing at a faster rate than that held by men, according to Datamonitor. It found the differential between female millionaires and their male counterparts is narrowing.