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4th October 2022

See the official Forbes list of America’s richest self-made women

See the official Forbes list of America's richest self-made women
See the official Forbes list of America's richest self-made women(via-IG/forbes)

Forbes has a few hours ago, released the list of America’s Richest Self-Made Women, with the likes of Rihanna, Beyonce, Taylor Swift, Madona, Kylie Jenner and Kim Kardashian and Serena all making the list. But it was only Kylie Jenner out of these names that made it to the billionaire list, while others are still in the hundreds of millions.

See the top ten list, and some random pick from Forbes List of America’s Richest self-made women.

1- Diane Hendricks with $7billion

According to Forbes, Diane Hendricks is ranked number one in the Forbes list of America’s richest self-made She chairs ABC Supply, one of the largest wholesale distributors of roofing, siding and windows in America.

Hendricks co-founded the business with her late husband, Ken, in Beloit, Wisconsin, 36 years ago. She has run it since his death in 2007.

She led ABC to make the two biggest acquisitions in its history, buying rival Bradco in 2010 and building materials distributor L&W Supply in 2016.

The company has more than 700 locations and over $9 billion in sales.
Hendricks sold custom homes for a builder before meeting Ken, a roofer.
She has donated to a variety of Wisconsin nonprofits, including Beloit College, Beloit Hospital, and the WisconsinEye Public Affairs Network.

2-Meg Whitman $3.7B
Meg Whitman take  second place of America’s richest self-made women as she is best known for taking eBay from $5.7 million to $8 billion in sales as CEO from 1998 to 2008.
She was CEO of Hewlett-Packard from 2011 to 2015, where she oversaw its split into HP Inc. and Hewlett Packard Enterprise.
She stepped down as HPE’s chief executive in February 2018 but remains on its board. She also sits on the boards of Procter & Gamble and Dropbox.
Since becoming CEO of Quibi, Jeffrey Katzenberg’s new short-form video platform, in April 2018, the startup closed a $1 billion funding round.
Whitman also made a substantial investment in LA-based global e-sports company Immortals LLC, which gained her a seat on the board.

3 Marian Ilitch $3.7B

Marian Ilitch takes on the third spot on the America’s richest self-made women as she and her husband, Mike, who died in February 2017, co-founded Little Caesars Pizza in 1959.
Mrs I, as she’s known, now owns the pizza chain, which hauls in more than $4 billion in annual systemwide sales.
She also owns the Detroit Red Wings and MotorCity Casino Hotel; Mike’s Detroit Tigers are now in a family trust.
Ilitch is helping build a $1.4 billion sports and entertainment district in Detroit that includes new headquarters with pizza shaped windows.
She had to keep her husband from giving away free pizzas in the early days.

4 Judy Faulkner$3.5B
Judy Faulkner founded America’s leading medical-record software provider, Epic, in a Wisconsin basement in 1979.
Faulkner, a computer programmer, is still CEO of the $2.9 billion (2018 sales) company.
Epic supports the medical records of over 230 million patients and is used by top medical centres such as Johns Hopkins and Mayo Clinic.

The company has never raised venture capital or made an acquisition, and develops all its software in-house.
Faulkner signed the Giving Pledge in 2015 and has agreed to eventually gift 99% of her stake in Epic to a private charitable foundation.

5 Thai Lee $3B
Thai Lee is CEO of $10 billion (2018 sales) IT provider SHI International, which has 15,000-plus customers including Boeing and AT&T.

Born in Bangkok, Lee grew up in South Korea and moved to the U.S. for high school.
A Harvard MBA, she did stints at Procter & Gamble and American Express.
Lee and her now ex-husband paid less than $1 million for a software reseller in 1989, the predecessor to SHI

6 Judy Love $2.9B
Judy Love and her husband Tom opened their first gas station in Watonga, Oklahoma, in 1964 using a $5,000 loan from Tom’s parents.
Judy kept the books and ran the company with Tom until 1975 when she returned to college.
Today their Love’s Travel Stops & Country Stores, which opened 35 new locations in 2018, has more than 480 stores in 41 states.
Judy is now the executive secretary at Love’s and chairman of the Love Family Fund.
Her husband Tom is Love’s chairman and three of the couple’s four children work for the company.

7 Lynda Resnick $2.8B
Resnick is the marketing maven behind the Wonderful Co., the $4.6 billion (sales) snack and drink conglomerate that she and her husband, Stewart, own.
The Wonderful Co.’s brands include Pom Wonderful, mandarin Halos, Wonderful Pistachios and Fiji Water.

They also own 135,000 acres of orchards in Texas, Mexico and California, where they grow pistachios, almonds, pomegranates and mandarin oranges.
Both previously divorced, they met in the 1960s when she provided marketing help for his burgeoning alarm business.

8 Doris Fisher $2.5B
Doris Fisher co-founded clothing retailer Gap in 1969 with her husband, Don (d. 2009), after the couple struggled to find jeans that fit him.

The couple raised $63,000 to open their first store, which sold jeans and music, in San Francisco.
Doris Fisher served as the company’s merchandise from the day it opened until 2003 and sat on Gap’s board until 2009.
In early 2019, Gap announced it would spin off Old Navy into a separate public company.
The 1953 Stanford economics graduate co-founded the KIPP Foundation, which supports public charter schools, donating $15 million.

8 Johnelle Hunt $2.5B
In 1961, Johnelle Hunt and her late husband, J.B. (d. 2006), sold their home and took out loans to start a rice hull packaging operation.

Eight years later, the couple bought five trucks and seven trailers to launch J.B. Hunt Transport Services.

The Lowell, Ark. business went public in 1983 and is now one of the biggest transportation companies in the nation, with $8.6 billion in sales.

Hunt, who stepped down as corporate secretary in 2008, remains the firm’s largest individual shareholder with a 17% stake.
In 2014, Hunt donated 6 acres of land to build the Walton Arts Center’s Walmart Arkansas Music Pavilion, an outdoor amphitheatre.

10 Oprah Winfrey $2.5B

Oprah Winfrey has transitioned her hit talk show, which ran for 25 years, into a media and business empire.
Winfrey parlayed her role as a news anchor into a 25-year talk show gig. Reinvested, the profits from her show add up to an estimated $2 billion.
In 2011, Winfrey launched cable channel OWN. Her 25.5% of the network is worth about $75 million.
The ‘Oprah effect’ has spread to Weight Watchers: she bought a 10% stake in 2015 (since lowered to 8%) and acts as a brand ambassador.
In June 2018, she signed a deal with Apple’s streaming service to create original content that will include a book club, documentaries and TV series.

Other names on the America’s richest self-made women are:
11-Elaine Wynn $2.4 B 77 casinos, hotels Nevada
12 –Peggy Cherng $1.7 B 71 fast food Nevada
12- Sheryl Sandberg $1.7 B 49 Facebook
13-Jin Sook Chang $1.5 B 56 fashion retail California
14-Kathy Fields $1.5 B 61 skin care California
14-Gail Miller $1.5 B 75 car dealerships Utah
14-Katie Rodan $1.5 B 63 skin care California
18-Eren Ozmen $1.4 B 60 aerospace Nevada
18-Jayshree Ullal $1.4 B 58 computer networking California
20-Alice Schwartz $1.3 B 92 biotech
21-Anastasia Soare $1.2 B 61 cosmetics California
22 –Safra Catz $1.1 B 57 software California
23-Sara Blakely $1 B 48 Spanx Georgia
23-Kylie Jenner $1 B 21 cosmetics Cali
37-Rihanna $600 M 31 Cosmetics, Music
39-Madonna $570 M 60 Music
46-Celine Dion $450 M 51 music
51-Beyoncé Knowles $400 M 37 music
57-Kim Kardashian West $370 M 38 cosmetics, reality TV
60-Taylor Swift $360 M 29 music

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