I have to admit to avidly ploughing my way through the “Sunday Times” Rich List every year. It seemed even more necessary reading this year following TV advertising promoting the Rich List to show the effect of the credit crunch on our million and billionaires. Rather than the fate of Alan Sugar or Richard Branson, I was much more interested in the list of 100 wealthiest women.
It made depressing reading. It would appear that only 16 (yes only 16) of these top 100 women made the money on their own merits, being entries that did not have an asterisk next to the name, which denotes family money, or made their pile through inheritance or divorce.
Five, perhaps predictably, made their money in fashion : Tamara Mellon, Linda Bennett, Christina Ong and Alison Goldberg and Sara Phillips (ther last two have a joint entry); four fall into the publishing, media, music category: Cristina Stenbeck, Louise McBain, Judy Craymer and Charlotte Bonnier; three are writers: Joanne Rowling, Barbara Taylor Bradford and Jackie Collins, while the remaining four are made up of two women in finance, Amanda Staveley and Carol Galley and two in property, Charlotte Townshend and Julia Davey.
In 2009 as a woman it still seems you either have to have been born rich or marry a rich man to make it in the money stakes. It’s also very apparent that women do better in writing and publishing than most other walks of life, and we should take note of the dearth of leading women in the financial and property sectors. This is the gender pay gap brought to life in stark terms. I hope next year will be better, though I doubt it.