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Technology Revolution: The Future of Now

The Future of Women’s Wealth: Innovators, Investors, Influencers

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9112 Ratings

🗓️ 20 July 2022

⏱️ 56 minutes

🧾️ Download transcript

Summary

The Buzz 1: “85% of the women I interviewed make money in ways that really aren’t any different from how women made money in 1980: a third have jobs that pay salaries and bonuses, perhaps with a bit of a twist; about a quarter make money off of direct drive sales (a business model I remember well from selling photocopiers for Xerox in 1986!) and another quarter provide some sort of fee for service. A mere 15% have the “many sources” model for money making.…” (Barbara Stewart, Rich Thinking® global research papers http://barbarastewart.ca) The Buzz 2: “Approximately $30 trillion in wealth is set to change hands in the next decade and women are poised to inherit a sizable share, according to research by McKinsey & Company published in 2020.” (investopedia.com) The Buzz 3: “According to Consultancy group Boston Consulting Group (BCG), women hold nowadays an average of 40% of global wealth, and this could rise at a compound annual growth rate of 7.2% by 2023, outpacing the 5.2% compound annual growth rate projected for men.” (juliusbaer.com) The Buzz 4: “In many ultra-high-net-worth families, the roles of women are still hindered by long-standing conventions and complex intergenerational dynamics. Although these women control a significant percentage of the world’s wealth ($10.9+ trillion in assets in the U.S.), serve as CEOs…and play an increasing role in shaping the philosophies and priorities of future generations, their contributions are often overlooked.” (nasdaq.com) We’ll ask Barbara Stewart, Eva Grønbjerg Christensen, Iris ten Teije and April Rudin for their take on The Future of Women’s Wealth & Technology: Innovators, Investors and Influencers.

Transcript

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0:00.0

Where does yesterday's future, which is already here, really here, really here, meet today's future, which is about to happen, and tomorrow's future, which could be just minutes away?

0:16.1

Welcome to Technology Revolution, the future of now.

0:21.3

Where host Bonnie D. Graham asks savvy futurists for their predictions about the tech-driven

0:27.2

trends that are shaping our future right now.

0:30.6

Here's your host who will take us into the future of now, Bonnie D. Graham.

0:35.9

I never remember which way I said was the past of the future, so we'll just

0:39.2

say into the future, we'll go there. Bonnie D. in the house, happy to be here. We have such an exciting

0:44.3

topic for you today. It's a topic I've never done before, but I was very honored to be included

0:50.0

in a rich thinking study by Barbara Stewart, who was one of our esteemed panelists today, and she helped me organize this wonderful panel. I'll get to the topic in a rich thinking study by Barbara Stewart, who is one of our esteemed panelists today,

0:54.9

and she helped me organize this wonderful panel. I'll get to the topic in a second.

0:58.8

But Barbara included me in her research about how do women earn a living today. What are they doing?

1:04.9

Is it a job? It is a salary. Is it gig? Is it whatever investments? How are we paying our bills our bills how we get the money to come in

1:12.0

and Barbara everybody give Barbara round of applause for what she does she's an eminent researcher

1:17.3

and a very serious and talented lady who puts people in the forefront and gives us a chance to speak

1:23.0

and Barbara thank you for that that's why you're here and I said to Barbara I'm so excited to

1:26.7

be in your research this year I would love to have you come and invite three of your friends, your colleagues, your subjects in your research. So that's my preamble. So now let me go to our topic. I think you all figured out what it is. By the way, ladies, wave hello to LinkedIn. Hello, LinkedIn. That's it. Wave hello to Facebook. You can say hi. You can do a shout

1:45.2

out. That's fine. Hello to Gabe, our engineer who did wonderful countdowns for us. Okay, here we go.

1:50.0

So I have four buzz quotes. I always open with the buzz. And then we'll get through our quotes and our

1:54.3

predictions. Buzz number one, Barbara Stewart, I'm quoting you from rich thinking global research papers. I will tell it's at barbara

2:01.1

stewart.ca. I don't usually do that. Stuart S-T-E-W-A-R-T. There we go. She says 85% of the women I

2:07.9

interviewed make money in ways that really are not any different from how women made money in 1980.

2:14.6

Everybody just let that sink in. She goes on. A third have jobs that pay salaries and bonuses,

...

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