Study Reveals Vast Gender Wealth Gap Among Germany's Billionaires
New research finds that 71% of Germany's billionaire wealth is held by men, highlighting systemic inequalities in inheritance and taxation practices.
- A study by Oxfam and the Tax Justice Network shows that men control 71% of Germany's billionaire wealth, while women hold only 29%.
- The research analyzed 249 individuals and families with over €1 billion in wealth, primarily derived from business ownership.
- Inheritance practices favor men in billionaire families, with male heirs often receiving larger shares compared to female heirs.
- Women own about 43% of total net wealth in Germany, but their share decreases significantly at the billionaire level.
- Oxfam calls for reforms, including a 2% billionaire tax and the removal of inheritance tax exemptions for large estates, to address gender and wealth inequality.