At the TIME's 2025 Women Leadership Forum in Los Angeles, prominent business leaders discussed the gender wealth gap and financial empowerment. Xero's CEO, Sukhinder Singh Cassidy, highlighted women's financial risk aversion and the need for them to invest more, exemplifying this with personal anecdotes about her children. JPMorgan Chase's Malak Santini emphasized early financial planning and education as key factors for women to secure wealth, while Jennifer Openshaw from Girls with Impact shared how her upbringing influenced her dedication to educating young women about finance. Their insights collectively stress the importance of proactive financial strategies for women.
"I want her to be an investor. That's about building a portfolio, starting early," said Cassidy, emphasizing the importance of shifting from saving to investing.
"The future creeps up on us quite quickly, so women need to get ahead of it in order for their financial wellbeing to remain strong," noted Santini, advocating for early financial planning.
"At the base of what's most important is education. It's early education. It's understanding finance... planning for the future," Santini stressed on the significance of financial literacy.
"Her mother worked two full-time jobs while Openshaw put herself through school, which shaped her perspective on wealth and its implications for future generations."
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