Friday, December 10, 2021

These Are The Youngest (& Oldest) Richest Women In America

These Are The Youngest (& Oldest) Richest Women In America The majority of the world’s billionaires hail from the United States. But, as Visual Capitalkist's Iman Ghosh details below, of the 724 American billionaires whose net worths are tracked daily by Forbes, only 86 are women. That’s just 12% of the country’s billionaires. This visualization examines the select few who have made the cut into this prestigious list, using data compiled from Forbes’ real-time billionaires list. Note: All data is as of November 1, 2021 unless otherwise stated. Top 10 Richest Women in America Since 2020, MacKenzie Scott has donated over $8.5 billion and counting of her wealth. Yet, she still remains one of the richest women in the world. This is largely due to the Amazon shares that she received in her divorce settlement. Amazon’s stock performance soared amid the pandemic, which resulted in the initial value of her shares ($38.3 billion) nearly doubling. Miriam Adelson inherited her late husband’s 57% stake (worth ~$19 billion) in Las Vegas Sands, making her one of the richest newcomers to the Forbes list. The casinos have locations across Las Vegas, Singapore, and Macao. Several of the women in this top 10 list also share membership with some of the richest families in America—from the Walmart Waltons, to the Johnsons at the helm of Fidelity Investments and Fidelity International. The Oldest Richest Women in America The oldest female billionaire in the world, Alice Schwartz, is 95 years old. She co-founded Bio-Rad Laboratories with her husband, which operates in the life sciences research and clinical diagnostics markets. They started the company in 1952 with only $720 in the bank. After her husband’s passing in 2018, Janice McNair (aged 85) took over his 80% stake in the NFL team Houston Texans, which ranks highly as one of the world’s most valuable sports teams. This also subsequently catapulted her position as being among the wealthiest sports owners in the country. The Youngest Richest Women in America In the online dating era, Whitney Wolfe Herd has made a name for herself. The female-first dating app she co-founded, Bumble, grew into a formidable competitor for her former employer, Match Group (which owns Tinder and OkCupid, among others). At age 31, Wolfe Herd became the youngest self-made female CEO in the country after Bumble’s $2.2 billion IPO in February 2021. Wearing many hats from influencer to entrepreneur, socialite Kim Kardashian West’s cosmetics and fashion companies (KKW Beauty and shapewear line Skims) have catapulted her to a newfound billionaire status. She has a set of diverse revenue streams, from reality TV royalties to blue-chip and real estate investments. Top 20 Self-Made Richest Women in America The self-made label is an additional fascinating avenue to explore. Forbes defines this category as people who establish a fortune independently, rather than partly or wholly through inheritance. One of the newest entrants into this mix is Rihanna. She already enjoyed significant success as an entertainer, with her claim to fame being one of the best-selling artists of the 2010s. However, it was her entrepreneurial spirit that put her on the Forbes list in August 2021. Rihanna owns 50% of her cosmetics company, Fenty Beauty. The other half is run by Bernard Arnault, who is among the world’s top billionaires. Here is the rest of the top 20 self-made richest women in America: Source: Forbes, as of Aug 2021 (latest available) For those paying attention to the rapid rise of the fintech industry, Jenny Just’s entry on this list will come as no surprise. Her firm, Apex Fintech Solutions powers the trading technology behind companies like SoFi and eToro. In fact, she has started or bought 15 businesses in the space in just 24 years. As the richest women in America continue to make great strides, this list could look very different in coming years. Tyler Durden Fri, 12/10/2021 - 23:20
http://dlvr.it/SF8k6d

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