The broader significance of wealthy individuals should not be underestimated. As leaders, innovators, facilitators and pioneers, the wealthy often represent the most dynamic sections of society, while as investors they tend to be the most prescient, passionate and incisive individuals you can meet.
The Barclays Wealth Insights reports, developed in partnership with the Economist Intelligence Unit, provide a comprehensive picture of what it means to be wealthy in the 21st century.
Based on global research with over 600 mass affluent, high net worth and ultra-high net worth individuals and the views of a panel of wealth experts, drawn from academia, industry and financial circles, each Insights report paints a picture of the private world of this influential group, by analysing their shifting demographic profile, priorities and preferences.
And by uncovering the complex social and psychological dynamics – including gender, family and social interactions – that define the behaviour and outlook of the wealthy, our reports provide a compelling snapshot of the deeper trends that shape the future of society at large.
Report
From luxury goods manufacturers to private banks, the commercial world is starting to sit up and take notice of women’s growing spending power, and is now redoubling its efforts to tap into this money-spinning market.
Barclays Wealth, 04 October 2007
The commercial world is starting to sit up and take notice of women’s growing spending power, and is now redoubling its efforts to tap into this moneyspinning market
A recent study from Datamonitor, an independent research company, finds that the gap between the wealth held by male and female millionaires is narrowing. In 1998, the average male millionaire in the UK was worth £2.71m (US$5.42m), while the average female millionaire owned just £1.28m (US$2.56m). By 2006, women had caught up considerably, with the average female millionaire worth £1.97m (US$3.94m) compared with £2.96m (US$5.92m) for men.
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