What does it take to be wealthy in the UK? Why do women fall short?

Updated
Tamara Ecclestone (right) and her mother Slavica Ecclestone
Tamara Ecclestone (right) and her mother Slavica Ecclestone

Katy Hopkins has declared that women already have equality (it's special treatment women are apparently asking for now). However, analysis of the richest people in the UK would seem to hint otherwise.

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Researchers have discovered that the Sunday Times Rich list is dominated by men who live in London, and who own property. Women make up just over one in ten people on the list, and at the current rate of improvement, it will take another 200 years before they make up half the list.

The figures were put together by online magazine TechRound, which looked at the rich list for the past five years - in the run up to the release of this year's list.

It found a dearth of diversity, with an overwhelming number of privileged, white, male landowners on the list. They make up 23% of the list - and their dominance is growing.

There has been no marked increase in the total number of women in the top 250 over the last 5 years. Just 12% are currently female - of which only 40% are not listed alongside a male relative or their husband. At the current rate, they won't make up 50% of the top 250 until 2224.

Why?

This is unlikely to come as a surprise to historians, as the landed gentry has always ruled the British hierarchy, and their land and property has always been handed down to their eldest son - to keep the estate in one pair of hands.

However, even where entrepreneurs have broken into the list, they are overwhelmingly male. The highest placed woman, Kirsty Bertarelli, averages a sixth-place ranking. However, the former Miss UK's £9.8 billion fortune is combined with her husband, pharmaceutical billionaire Ernesto, so she doesn't stand alone.

The highest-ranked individual woman over the last five years has been Baroness Howard de Walden, whose role controlling the Howard de Walden London property empire places her at an average 29th place, worth £3.6 billion in 2016.

Not everyone on the list has obtained their wealth through these traditional avenues, and it's here where women do well. Bernie Ecclestone's ex-wife Slavica (worth £740 million and pictured with her daughter Tamara above) features in each of the last five editions, despite her source of wealth being listed simply as "divorce".

For the women appearing on this list, they can at least console themselves with the fact that they are getting richer. This year's multi-millionaires needed £113 million to make the list of the 1,000 richest people in Britain.

For the past five years, therefore, this list has shown that men make super-wealth by inheriting a property empire, or by inheriting or establishing a family business. Women, meanwhile, make money by marrying them - and then possibly divorcing them afterwards.

It seems, therefore, that despite Katy Hopkins' pronouncements, the women on this list have plenty of special treatment. What they don't have is equality.

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