Facts About Women, Wealth and Giving
The Overall Picture
- 10.1 million firms are owned by women (75% or more), employing more than 13 million people, and generating $1.9 trillion in sales as of 2008.
- Three quarters of all women-owned businesses are majority owned by women (51% or more), for a total of 7.2 million firms, employing 7.3 million people, and generating $1.1 trillion in sales.
- Women-owned firms (50% or more) account for 40% of all privately held firms.
Businesses Owned by Women of Color
- 1.9 million firms are majority-owned (51% or more) by women of color in the U.S.
- These firms employ 1.2 million people and generate $165 billion in revenues annually.
Million Dollar Businesses
- One in five firms with revenue of $1 million or more is woman-owned.
- 3% of all women-owned firms have revenues of $1 million or more compared with 6% of men-owned firms.
Center of Women’s Business Research: Key facts about women-owned businesses http://www.womensbusinessresearchcenter.org/research/keyfacts/ August 25, 2009
By 2010, women are expected to control 60% of U.S. wealth.
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For more information, please contact: Dorothy Schey Director of Development McGuffey Hall Ohio University Athens OH 45701 740-593-4556 schey@ohio.edu
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