Telling Van Ness why it’s so important to discuss this issue, Krawcheck continued: “Sitting here in our country today (the US), women make about 82 cents on the dollar to a man. We can cut that in all kinds of ways but the bottom line is: it’s been closing slowly, too slowly. It’s decades away from closing for white women, it’s 100+ years for black women […]. It’s bad but it’s getting somewhat better. That’s the gender pay gap.

“The gender wealth gap – how much do I have, how much am I keeping? – is… dramatic pause… two cents on a man’s dollar. And it’s actually been getting worse. So we as women are not making as much as men are, and when it’s said and done, we’re not keeping as much because we’ve got more debt, more credit card debt, more student loan debt, we’re not investing as much and we have more years out of the workforce.”

Jonathan Van Ness just explored the gender wealth gap on his podcast, and we’re listening