America’s Richest Self-Made Women: country’s most successful self-made women entrepreneurs and executives
- At No. 1 is Diane Hendricks, a Wisconsin billionaire who owns ABC Supply, one of the largest wholesale distributors of roofing, siding and windows in America
- Eren Ozmen: “Look at the United States and what women can do here, compared to the rest of the world. That is why we feel we have a legacy to leave behind.”
( Forbes ) The combined net worth of the top 60 self-made women is now a record $71 billion, 15% more than in 2017. The minimum net worth to make Forbes’ fourth annual ranking of these top women jumped 23% to a record $320 million. Twenty-four of these women are billionaires, another record, up from 18 last year.
Seven newcomers joined the ranks (6 from California), including 4 Instagram-savvy makeup moguls. The richest of these new faces is billionaire Anastasia Soare, whose cosmetics company Anastasia Beverly Hills, best known for beautifying eyebrows, now has more than 17 million followers on Instagram. The youngest is Kylie Jenner, who turns 21 in August. Half-sister of Kim Kardashian West, who is also on the list for the first time, Jenner has leveraged her massive social media following (110 million followers on Instagram) to build a $900 million cosmetics fortune in less than three years. That makes her worth more than twice as much as her more famous sister.
At No. 1 is Diane Hendricks, a Wisconsin billionaire who owns ABC Supply, one of the largest wholesale distributors of roofing, siding and windows in America. While the vast majority of list members hail from California – 27 altogether – the top three, including Hendricks, Little Caesars’ Marian Ilitch and Epic Software’s Judy Faulkner, all hail from the Midwest.
Altogether 17 list members made their fortunes in fashion and retail, 7 of whom peddle cosmetics and skin care products. Another 13 including Facebook’s Sheryl Sandberg built fortunes in technology, while 10 including Oprah Winfrey and Taylor Swift made it in media and entertainment.
Read more: America’s Richest Self-Made Women 2018
( Forbes ) Kylie Jenner sits at a dark-wood dining table at her mother’s home in Calabasas, California, flicking through display options for a forthcoming pop-up shop. The youngest member of the Kardashian-Jenner industrial complex needs to decide how to showcase products by her Kylie Cosmetics makeup company. She taps her black iPhone X with a silver glittery nail and turns the screen around to show a coterie of employees a vending machine.
“You guys, imagine this, but all in lip kits,” says Jenner, dressed in a black blazer and matching black patent Louboutins with bright red soles. “I think it needs to be a clear vending machine where you see all the colors.”
…Just 20 when this story publishes (she’ll turn 21 in August) and an extremely young mother (she had baby daughter Stormi in February), Jenner runs one of the hottest makeup companies ever. Kylie Cosmetics launched two years ago with a $29 “lip kit” consisting of a matching set of lipstick and lip liner, and has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017. Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it.
Billionaire couple Barry and Honey Sherman were believed to have died as a result of a murder-suicide, until their family hired a team of former homicide detectives to conduct a separate investigation in the ‘suspicious death’ and they have now concluded that they were murdered according to CBC Toronto.
Barry Sherman founded Apotex pharmaceutical company. Apotex supplied generic drugs to Clinton foundation in Haiti and Rwanda. Apotex also donated medicines and supplies to Clinton Foundation Puerto Rican relief efforts in 2017.
From Daily Mail:
The billionaire Toronto couple found dead in their home in December are now believed to have been killed by multiple killers, according to private investigators.
Barry and Honey Sherman were believed to have died as a result of a murder-suicide.
A real estate agent found Barry and Honey – 75 and 70-years-old – dead in the basement of their Toronto mansion on December 15.
The Sherman family hired a team of former homicide detectives to conduct a separate investigation in the ‘suspicious death’ and they have now concluded that they were murdered according to CBC Toronto.
According to the source, the couple’s body were upright and seated on the floor near an indoor pool.
The PI found that both victims had their necks wrapped with leather belts. Those were then used to knot around a handrail running adjacent to the pool, the source shared.
The Sherman’s death had been ruled a ‘ligature neck compression’ or strangulation by a coroner.
There was evidence that their wrist had been bound but the source shared that no other rope or material were found
John Collison founded the tech company Stripe in 2010, when he was only 19.Now Collison, 27, can call himself the youngest self-made billionaire in the world, with a net worth totaling $1.1 billion after Stripe’s $9 billion valuation in 2016. The company was designed to transform the way websites accept online payments, and it’s a favorite of huge companies like Lyft and Facebook.
Collison started the company with his older brother Patrick, Stripe’s CEO. Though the siblings have struck Silicon Valley gold, they haven’t forgotten their humble roots in small-town Ireland.
Today, Collison enjoys flying planes, running, and hiking with members of the Stripe team.