Increasing Numbers of Female Billionaires

In my search to find out more about billionaires and to help inspire women to become billionaires, I have come across many interesting trends. Recently there have been some downturns in the value of some already established billionaires and millionaires, due to the subprime mortgage crisis in the United States. However, the downturn in the US economy has not been a bad thing for some, since the number of Billionaires in the United Kingdom rose from 33 to 42 by the end of 2007. Similarly two new Canadians became billionaires this past year.

However the number of American Billionaire Women is still extremely high, with 36 female billionaires from the United States. Looking at the percentage, out of 62 billionaire women in 2007, 58% of female billionaires reside in the United States. If you want to see who these billionaire women are, stay tuned because I will be focusing in on each one in the coming weeks and months as new billionaires are made.

What does this mean for the number of billionaire women? Let me quote Forbes Senior Editor Pete Newcomb about the increasing number of women billionaires:

Interviewer: Does the increase in self-made women billionaires reflect business being more open to women or the economy changing to favor industries traditionally more open to women?

Pete Newcomb: I think it just shows the growing number of women entrepreneurs. 40 years ago that wasn’t a viable option. For the most part, women didn’t leave college planning to pursue a career in business.

I could not agree more. There is obviously a difference between self made billionaires or millionaires and those that have inherited their wealth. However, these days with the internet and the changing of traditional family roles, women are allowed to take a stand and earn their share of the family’s income. It is only by changing our thinking about the possibilities of creating income that we will see an increase in female billionaires. After all, if women can be successful at running a household, why wouldn’t they be successful at running a small company, and from there upward to a large company and then even larger roles.

So if you are a woman looking to increase your net worth, why not subscribe to this site and stay informed about the different changes you can implement in your life to help you skyrocket to billionaire status.

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