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Female billionaires show entrepreneurial streak

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(iStock)
(iStock)

Cape Town - While there are now even more male than female billionaires in the world, these super wealthy women are becoming increasingly entrepreneurial, a survey shows.

The Wealth-X Billionaire Census 2015-2016 shows that while women billionaires are still more likely to inherit their wealth than their male counterparts, they are also increasingly likely to venture into the business world by using this inheritance as seed capital for their own projects.

There was a big drop in the number of female billionaires who inherited their wealth, from 65.4% in 2014 to 56% in 2015. Twenty-seven percent of female billionaires have partially inherited their wealth, compared with 17.5% in 2014.

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