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Investments and Lifestyles of the Rich - Millionaire Corner

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Sep 09th
Home arrow Affluent Investing arrow Women & Investing arrow Gender, Investable Assets, and the Importance of Charitable Giving

Gender, Investable Assets, and the Importance of Charitable Giving

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Spectrem survey data suggests that gender-based attitudinal differences toward the importance of charitable giving within the Ultra High Net Worth investor population vary as a function of level of investable assets. 

While females (68%) are more likely than males (52%) to agree that making charitable contributions is important, among those with fewer than $5,000,000 in investable assets, a significant gender-based finding fails to materialize.  However, within those having investable assets of $5MM or more, females are dramatically more likely than males to hold this attitudes.

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