Female Supremacy Articles

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Family money is no longer passed solely to the eldest son, as was the tradition for many families, but is split between siblings regardless of gender.Women's longevity is also an important factor. Oliver Guirdham, a wealth analyst at Datamonitor who compiled the report, said: "The majority of wealthy people are over 65 and females make up a large proportion of this group."

This trend is likely to accelerate over the coming decade as the post-war baby boom generation enters retirement. On average, women from this generation will be widowed at 67 and after they inherit their husbands' assets they will live for many more years.

Economists predict this will cause the largest transfer of wealth in history. Changes to the tax laws made in the early 1990s have jump-started this process. Mike Warburton, an accountant at Grant Thornton, said: "Since 1991 it has become tax-efficient for husbands to pass their assets to their wives. This money now legally belongs to the women and men would have to fight for it back in the divorce courts. My wife is certainly worth more than I am."