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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.
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