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Asian business women lead the way: Survey

Asian women including female entrepreneurs from India are generating more wealth than women in any other region of the world.

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 LONDON: Asian women including female entrepreneurs from India are generating more wealth than women in any other region of the world even as their affluence and influence grows globally, a study indicated on Monday.
 
The report published by Barclays Wealth, Britain's leading wealth manager said "the affluence and influence of women is growing globally and is increasingly fuelled by their own individual enterprises - highlighting that the perception of inheritance and marriage as the lead sources of female wealth is out-dated."
    
A vast majority of women, particularly from Asia and India were generating their wealth independently.
    
The survey titled 'Barclays Wealth Insightstion of Gender' said "compared to any other global regions, the wealth generated by female entrepreneurship is highest in Asia, where 26 per cent cite income from a business as their main source of wealth."
    
Globally, only 20 per cent of women show income from a business as the main source of wealth. The survey said that today's global picture of female wealth was largely driven by earnings and business ownership (83.9 per cent), or by personal investments (32.8 per cent), which compares favourably to marriage (24.7 per cent), divorce (2.2 per cent) and inheritance (19.9 per cent).
    
Barclays used wealthy female Indian entrepreneurs including Kalpana Morparia, joint MD of ICICI Bank, and Perween Warsi, the multi-millionaire CEO of S & A foods, on its "insights panel" for the survey.

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