Transforming Capital for the Next Era 2025

1 A decisive shift is under way: over the next two decades, $83 trillion will pass within and between generations and position women to hold an unprecedented share of global financial wealth.1 Mobilizing this ownership is a strategic imperative. It can expand the investable frontier, channel more capital into the real-economy engines that sustain long-term growth and improve decision quality and risk management by diversifying the groups of investors and capital recipients. While inheritance is a powerful near-term driver of women’s wealth, broader forces are working in parallel – including greater participation in entrepreneurial activity and evolving social norms around women’s role in managing finances – which are expected to further expand women’s wealth. The question, then, is not just who holds wealth, but who allocates it, because it is in the allocation that diversification, innovation and long-run performance are determined. Between 2020 and 2025, women’s investable wealth rose from $20.1 trillion to $34.3 trillion, a compound annual growth rate of about 11.3%, compared with 6% for men. Given this growth trend, by 2030 women are projected to hold $46.3 trillion – nearly 40% of global wealth. Worldwide, women’s investable wealth is rising at a faster rate than men’s, but the pattern varies by region. By 2030, women are projected to hold $23.8 trillion in North America, reflecting the largest absolute stock; $12.8 trillion in Asia-Pacific making it a key engine of incremental growth; and $7 trillion in Europe, marking steady mid-transfer accumulation. Latin America is projected to reach $1.4 trillion, a far smaller base than Asia-Pacific, yet expanding at a similarly strong compound annual growth rate. The Middle East is projected to reach $1.1 trillion and Africa $0.3 trillion, as formalization and inclusion convert savings into investable assets. North American scale, Asia-Pacific and Latin America speed, Europe’s steady gains and rising participation in the Middle East and Africa together drive the next decade’s uplift.The great wealth transfer Women are at the core of the largest wealth transfer in history and could change the shape of capital flows. Where women’s wealth is rising: Global momentum map FIGURE 1 Men Women 2025 2030AfricaLatin AmericaNorth America Europe Middle EastAsia-Pacific Men Women33.7 18.323.839.6 10.2 16.81.7 1.70.92.31.4 0.50.20.70.30.82.31.123.1 12.8 8.712.0 7.05.4 Men Women Men WomenMen Women Men Women Note: Investable wealth refers to personal financial assets from asset bands of at least $1 million. Source: 2025 figures are sourced from UBS. (2022). Women and investing: Reimagining wealth advice; projections are based on World Economic Forum calculations Transforming Capital for the Next Era: Gender Parity and the Expansion of the Investable Frontier 5